The IRS announced a delay to the $600 transaction threshold that would impact small businesses using payment platforms including Venmo, PayPal, Etsy, and Airbnb. The new threshold will be phased in starting at $5,000 in 2024.
In an opinion piece for Small Business Saturday in FOX Business, NFIB President Brad Close explained three important pieces of legislation Congress should pass to level the playing field between small and big business.
The U.S. Supreme Court, the U.S. Court of Appeals for the Fifth Circuit, and the California State Supreme Court have taken up cases that will impact small businesses. Cases include the DOLs tip credit rule and the separation of powers during the government shutdown of businesses ordered during the COVID-19 pandemic.
Fifty years ago, NFIB created the Small Business Economic Trends survey. Holly Wade discusses the trends it shows and its role in supporting advocacy on behalf of small businesses.
Two recent Small Business Rundown episodes focus on state election results and ballot issues concerning small businesses. Hear guest experts share how pro-small business candidates fared in the election cycle and a small business victory in Colorado.