….at least for now. Some may not be aware but a new “Rule” requiring most small businesses (with some exceptions and exemptions) to file a form was due by 12 /31/24 or potentially face penalties of up to $10k or 2 years imprisonment. I’m not going into details here and this is not to be interpreted as legal advice so if this is new to you then I suggest speaking to your accountant or lawyer.
Anyhow, a federal injunction was passed against it yesterday so apparently it’s not necessarily to file it…at least for now. It’s a small victory for small businesses owners and hopefully it will eventually be finalized in our favor.
Again, don’t take my word for it but research it yourself and stay on top of any future changes. I expect the goobermint to file an appeal so this just may eventually end up at the Supreme Court.
Anyhow, a federal injunction was passed against it yesterday so apparently it’s not necessarily to file it…at least for now. It’s a small victory for small businesses owners and hopefully it will eventually be finalized in our favor.
Again, don’t take my word for it but research it yourself and stay on top of any future changes. I expect the goobermint to file an appeal so this just may eventually end up at the Supreme Court.
