What does the federal government consider a small business?
The answer varies by industry, but a small business is one that has fewer than 1,500 employees and a maximum of $38.5 million in average annual receipts, according to the SBA.Sep 24, 2020
The Federal Government regulates these areas of your small business (your legal responsibilities as a small business owner go beyond paying taxes):
Federal Laws protect Intellectual Property.
Federal Laws regulate Immigration.
As an employer you need to be aware of your responsibilities:
The uniform federal law governs all bankruptcy cases. The procedural aspects of the bankruptcy process are governed by the Federal Rules of Bankruptcy Procedure (often called the "Bankruptcy Rules") and local rules of each bankruptcy court.
Privacy: an Overview of Federal Law Governing Wiretapping and Electronic Eavesdropping by 
