As we enter 2024, small business owners face several regulatory challenges that demand their attention. The Corporate Transparency Act mandates that businesses, excluding those with over 20 employees and $5 million in sales, register personal information with the Financial Crimes Enforcement Network (FinCEN) to combat money laundering. Although legal challenges persist, the regulation is set to take effect in 2024, with extended deadlines. The IRS defers reporting for payments over $600 to 2024, setting a $5,000 threshold, and introduces new reporting requirements for small business loans to improve transparency and reduce discrimination. Critics argue that the revised joint-employer rule by the National Labor Relations Board may hinder small businesses' loan process due to potential unfair labor practices. Small business advocacy groups find the extended effective date of a proposed rule for overtime eligibility in 2024 burdensome, requiring balancing compliance.