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Beneficial Ownership Victory as Fight for Permanent Relief Continues

In a recent update from the Financial Crimes Enforcement Network, small businesses will not face penalties for not submitting beneficial ownership information to their federal database. However, the fight to provide small businesses with long-term relief continues.

Small Businesses Support U.S. House Budget Resolution

The U.S. House budget resolution would allow Congress to use the budget reconciliation process to make the 20% Small Business Tax Deduction permanent. NFIB designated this as a Key Vote to track lawmakers’ support.

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