Body
NEW YORK – Small businesses have plenty of changes to deal with as 2020 begins. Many companies will see higher labor costs as of Jan. 1, there are higher minimum wages in a quarter of the states and new federal rules that require more than a million workers to now be paid overtime. The IRS has new W-4 forms owners must start using. Plastic bags are on their way out at stores and other businesses in a growing number of places around the country. And California has new laws on freelance workers and consumer privacy that can affect companies located in other states.