NFIB Weekly News

Stay up to date with the latest National Federation of Independent Business (NFIB) and other small business news. NFIB, founded in 1943, is known as “the voice of small business” because of their credibility with the government and the media.

NFIB Weekly News

Leading the News

NFIB Statement on IRS Plan to Delay Processing of ERTC Applications (09/18/2023)

WASHINGTON, D.C. (Sept. 18, 2023) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, released the following statement in response to the Internal Revenue Service’s announcement that they will slow processing of existing claims and will not process new claims from small businesses for the Employee Retention Tax Credit until 2024.

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Business Climate

Prices Rising Slightly on Main Street as Inflation Remains a Top Business Problem (09/12/2023)

WASHINGTON, D.C. (Sept. 12, 2023) – NFIB’s Small Business Optimism Index decreased 0.6 of a point in August to 91.3, the 20th consecutive month below the 49-year average of 98. Twenty-three percent of small business owners reported that inflation was their single most important business problem, up two points from last month. The net percent of owners raising average selling prices increased two points to a net 27% (seasonally adjusted), still at an inflationary level.

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Wages and Benefits

HSA Expansion Legislation Benefits Small Businesses (09/28/2023)

WASHINGTON, D.C. (Sept. 28, 2023) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, issued the following statement regarding the U.S. House Ways and Means Committee legislation on expanding Health Savings Accounts (HSAs).

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