by Lander Chamber | May 1, 2024 | Advocacy, Chamber Blog, Member Support, NFIB Update
Final rule will increase the minimum salary threshold The U.S. Department of Labor (DOL) released a new overtime rule that will add burdensome requirements for small business owners. The final rule will raise the salary threshold for overtime pay eligibility....
by Lander Chamber | Jan 29, 2024 | Advocacy, Chamber Blog, Member Support, NFIB Update
As the Lander Chamber of Commerce had been anticipating, the Financial Crimes Enforcement Network’s (FinCEN) new rule on Beneficial Ownership Information (BOI) has now taken effect as of January 1, 2024. This rule requires corporations, LLCs, or similar entities with...
by Lander Chamber | Jan 12, 2024 | Advocacy, Chamber Blog, Member Support, NFIB Update
As the Lander Chamber of Commerce had been anticipating, a new federal rule that was set to go into effect January 1, 2024 has done so, and it requires more than 32 million businesses to report the personal information of business owners to a new federal database. The...
by Lander Chamber | Oct 11, 2023 | Advocacy, Chamber Blog, Member Support, NFIB Update
In an NFIB survey, 90% of NFIB members had never heard of the new small business ownership information reporting requirement regulation, set to take effect in January 2024. On September 18, NFIB sent a letter to the U.S. House Financial Services Committee expressing...
by Lander Chamber | Sep 8, 2023 | Advocacy, Chamber Blog, Member Support, NFIB Update
In an NFIB survey, 90% of NFIB members have never heard of the beneficial ownership reporting requirement regulation that is set to take effect in January 2024. This new federal law passed in 2020 is set to expand the role of the U.S. Treasury’s Financial Crimes...
by Lander Chamber | Sep 7, 2023 | Chamber Blog, NFIB Update
Latest NFIB banking survey tracks small business financial activities and expenses The NFIB Research Center released a follow-up banking survey asking small business owners about their banking activities and their experience in accessing credit. The survey was...
