jeffpalmer, 1 month ago FYI: If you own an LLC in the USA you need to file a Beneficial Ownership Information Report (BOIR) or you may face fines. I had not heard about this and only came across this randomly, so I'm hoping that this will help some of you get ahead of this. If your LLC was formed before the beginning of 2024, you have until the end of the year to file. You can read more about this and file a BOIR here (it took me 5 minutes): https://www.fincen.gov/boi #SmallBusiness #Artist
FYI: If you own an LLC in the USA you need to file a Beneficial Ownership Information Report (BOIR) or you may face fines.
I had not heard about this and only came across this randomly, so I'm hoping that this will help some of you get ahead of this.
If your LLC was formed before the beginning of 2024, you have until the end of the year to file.
You can read more about this and file a BOIR here (it took me 5 minutes): https://www.fincen.gov/boi
#SmallBusiness #Artist
GramrgednAngel, 1 month ago @jeffpalmer https://www.findlaw.com/legalblogs/federal-courts/corporate-transparency-act-ruled-unconstitutional-but-small-business-owners-shouldnt-get-too-excited/ The gist is: It was found unconstitutional only for the plaintiffs in the case. The rest of us should plan to file but keep an eye on the news. Meh. It takes no time, really. And they aren't asking for any information that isn't already available elsewhere.
@jeffpalmer
https://www.findlaw.com/legalblogs/federal-courts/corporate-transparency-act-ruled-unconstitutional-but-small-business-owners-shouldnt-get-too-excited/
The gist is: It was found unconstitutional only for the plaintiffs in the case. The rest of us should plan to file but keep an eye on the news.
Meh. It takes no time, really. And they aren't asking for any information that isn't already available elsewhere.
jeffpalmer, 1 month ago @GramrgednAngel Interesting. Generally I'm a little surprised by how poorly things like this get communicated to business owners. I would have expected to be contacted directly when this requirement came to be. 🤷♂️
@GramrgednAngel Interesting. Generally I'm a little surprised by how poorly things like this get communicated to business owners. I would have expected to be contacted directly when this requirement came to be. 🤷♂️
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