According to an Insureon survey of Manta’s small businesses, 79% said they benefit from online sales. Those who used e-commerce platforms were split between Amazon and eBay; all benefited from this activity. Nearly 2/5ths of small businesses said their revenue increased significantly from selling products online. Of all these online sellers, only 23% had cyber liability insurance.
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.