Big ‘I’ Secures Corporate Transparency Act Exemption for Insurance Agents
Without this exemption, the act would have required agencies with fewer than 20 employees to file new reports on their beneficial ownership.
Without this exemption, the act would have required agencies with fewer than 20 employees to file new reports on their beneficial ownership.
A short-term reauthorization of the National Flood Insurance Program through to Feb. 2, 2024, was included. The legislation also included an extension of the current Farm Bill through to Sept. 30, 2024.
The Big “I” advocated for efforts to address the current property insurance crisis and its impact on consumers at a U.S. House of Representatives hearing.
The act would protect Big “I” members from criminal and civil liability and provide clarity for transactions involving legitimate cannabis-related businesses.
The hearing investigated how outside capital is funding litigation against companies and agencies to achieve policy goals and examined the lack of oversight in this area.
The deduction, which is scheduled to expire at the end of 2025, is heavily relied upon by many Big “I” members and their clients to expand their small businesses, hire more employees, and better serve their communities.
This week, the National Labor Relations Board (NLRB) issued an interpretative memorandum asserting that many non-compete agreements interfere with employees rights.
The deduction is set to expire in 2025 but is heavily relied upon by many Big “I” members and their clients.
In its submitted comments, the Big “I” stated that its “members have significant interest in the proposed regulation and worry the proposal will threaten the competitiveness, viability, and value of their businesses.”
Tonya Thomason, president of David A. Crotts & Associates, shares some of the secrets to how she helped the Independent Insurance Agents & Brokers of South Carolina win the InsurPac “Triple Crown” three years in a row.