The Department of Labor (DOL) has issued a new rule that changes the way businesses classify independent contractors. On March 11, 2024, the new rule will take effect and will make it more difficult for businesses to determine whether someone is an employee or an independent contractor.
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The NFIB Research Center released a third credit-focused survey (a series that started in April 2023) assessing small business owners’ banking and financing activities. This survey also assesses 2023 holiday sales and small business owners’ evaluation of economic conditions locally and nationally.
Starting Jan. 1, the Corporate Transparency Act (CTA) requires more than 32 million businesses to report information about their business and business owners to a new federal database maintained by the Financial Crimes Enforcement Network (FinCEN). Almost all small businesses will have new obligatio
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