Ruling follows IFA and business group coalition challenge
The International Franchise Association (IFA) today urged the U.S. House Ways and Means Committee, the top congressional tax writing committee, to consider a number of provisions critical to franchised small businesses during the forthcoming tax debate. In a formal letter to the committee, IFA shared its key priorities as major tax changes approach at the end of 2025 with the expiration of many provisions of the Tax Cuts and Jobs Act (TCJA).
Pledges to work with the incoming administration and Congress on extending pro-small business tax policies and preventing federal overreach into the franchise model
In formal comments to the Federal Trade Commission™s (FTC) re-opened Request for Information (RFI) on franchisor practices and franchise agreements, the International Franchise Association (IFA) urged the FTC to respect the boundaries of the authority and adhere to its rulemaking requirements, all of which were disregarded by the FTC™s recent Policy Statement and Staff Guidance. The comments further highlight the damage potential regulation could have for viability of the entire franchise business model.
The International Franchise Association (IFA) today announced the election of eight new franchise professionals to serve on its Board of Directors. The new directors, who will take their positions at the 2024 IFA Annual Convention in February, will join one of the most diverse IFA Boards in history, bringing a variety of experience and expertise to lead the franchise sector’s oldest and largest global trade association.
The final rule on negative options is the latest troubling example of this power-hungry FTC leaping without looking, said Michael Layman, IFA senior vice president of government relations and public affairs. The FTC has not conducted an empirical cost-benefit analysis to assess the proposed rule™s impact on small businesses, and yet it has hastily imposed this unnecessarily regulation that will hurt many franchise businesses and consumers alike by robbing them of convenience, time savings, a streamlined transaction experience, and lower costs. The rule not only disrupts a process that is working for the benefit of both consumers and small business owners, but also adds another layer of complexity into a system of billing already regulated by a host of federal and state regulations.
The International Franchise Association (IFA) today endorsed nine bipartisan candidates ahead of the November election, applauding their leadership on pro-business policies supporting America™s locally owned franchise small businesses. Named a Friend of Franchising, IFA endorsed candidates running for U.S. Senate and the U.S. House of Representatives, following several primary endorsements earlier this year.
The International Franchise Association (IFA) today applauded signature of California Senate Bill 919, bipartisan legislation extending disclosure requirements to third-party franchise sellers such as brokers, broker networks, and franchise sales organizations.
The International Franchise Association (IFA) and Franchise Update Media today announced an agreement to expand on the groups™ years of working together to deliver on events, content, and education to better serve the entire franchising community while carrying out each organization™s mission. IFA and Franchise Update Media intend to join under a single entity, while maintaining each organization™s individual brands, events, advisory groups, and organizational structures.