The National Retail Federation says that 41% of consumers started their holiday shopping in October. The same percentage will have started in November; 18% wait until December. Gift cards remain the most popular gifts (61%), followed by clothing and accessories (54%), books, CDs, DVDs, and videos (40%), electronics (32%), and jewelry (23%).
Barbara Weltman
Big Ideas for Small Business, Inc.
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BOI reporting cont'd. But this isn’t the end of the story. The government filed a notice of appeal with the appellate court, and FinCEN says “deadline stay—voluntary submission only” (https://bit.ly/3ZpKxwU Note: There are cases challenging CTA that are still pending.