Treasury Suspends Enforcement of Corporate Transparency Act
The U.S. Department of Treasury announced it will not enforce the Corporate Transparency Act (CTA) beneficial ownership reporting rule, which would have impacted many small businesses.

The U.S. Department of Treasury announced it will not enforce the Corporate Transparency Act (CTA) beneficial ownership reporting rule, which would have impacted many small businesses.
By Lisa Johnson-Briggs Registration for the 2025 Big “I” Legislative Conference is now open! The premier event for independent agents will take place April 30-May 2 at The Westin Washington, D.C. Downtown Hotel. Register and attend for your opportunity to join other agents and speak to legislators in a unified voice. Register before March 31 to take advantage of…
The “Disaster Mitigation and Tax Parity Act of 2025,” reintroduced in the U.S. Senate, aims to exempt qualified catastrophe mitigation payments from being considered taxable income.
As legislation to reduce wildfire risk moves through the U.S. House of Representatives, the Big “I” has created a Q&A to address questions about the California wildfires and their impact on the overall insurance market.
Molly Abboud, Big “I” director of political affairs, hosts a discussion with Charles Symington, Big “I” president & CEO, and Nathan Riedel, Big “I” senior vice president of federal government affairs to discuss the 2024 election results and how they will impact the Big “I” legislative agenda.
The Big “I” endorsed the act, which affirms the state regulatory system and abolishes the Federal Insurance Office (FIO).
InsurPac, the Big “I” political action committee (PAC) and one of the largest small business PACs in the country, raised $1,291,724 during the 2024 calendar year.
The Big “I” and the Independent Insurance Agents of Arkansas have a strong relationship with Rep. Hill (R-Arkansas).
As of press time, Congress has yet to pass government funding legislation to keep the federal government open beyond Friday, Dec. 20. The National Flood Insurance Program (NFIP) is currently scheduled to expire on the same date.
Charles Symington, Big “I” president & CEO, was named among the top trade association lobbyists in the nation’s capital this year.