The National Retail Federation expects an increase in consumer spending. Last year spending grew by 3.1%; this year it’s expected to grow by 3.4%. Positive factors contributing to the growth are the improved housing market, job growth, and higher wages.
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.