AmericanHort, alongside 149 other organizations representing millions of small businesses, has signed a letter to Speaker Mike Johnson (R-LA-4) urging support for H.R. 9278. Introduced by Rep. Zach Nunn (R-IA-3), this legislation aims to delay the compliance deadline for the Corporate Transparency Act (CTA), which imposes burdensome and confusing reporting requirements on small businesses. The current deadline threatens many small business owners with severe penalties, including hefty fines and potential jail time. We believe extending the deadline is crucial to allow businesses adequate time to comply and avoid unnecessary hardships.