In an increasingly digital world, governments globally at all levels are enacting internet privacy rules proving to be complex and burdensome, particularly for many Small Businesses.
Many Small-Business owners have expressed concern that technology regulations could harm their businesses and reported that their businesses would face challenges complying with proposed AI regulations at the state level.
Small-Business owners stand to be significantly impacted by various broad immigration reform proposals, specifically as they relate to availability of workers and compliance with new and/or existing rules and regulations.
Starting in 2022, the 2017 Tax Cuts and Jobs Act (TCJA) requires businesses to amortize Research and Development (R&D) expenses over a five-year period.