For that little LLC you have…
Goes into effect 1/1/24.
“Many business owners — mainly those who own small businesses — will need to start providing personal information about both the company and themselves to the Financial Crimes Enforcement Network.”
“For every day past the filing deadline, companies will be fined $500. If the violation continues, owners could face up to two years in prison and/or a fine of up to $10,000, according to the Financial Crimes Enforcement Network.”
https://www.msn.com/en-us/money/smallbusiness/tax-law-going-into-effect-jan-1-may-have-outsized-affect-on-small-businesses/ar-AA1kZ8T7
hopfield
npub1pl…ex43u
2023-12-06 08:51:13
Author Public Key
npub1plz8ntqzc7v937rx7zn7utr9v8gyjdeq0wshflvp0fhcd75rrkfshex43uPublished at
2023-12-06 08:51:13Event JSON
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"content": "For that little LLC you have…\n\nGoes into effect 1/1/24.\n\n“Many business owners — mainly those who own small businesses — will need to start providing personal information about both the company and themselves to the Financial Crimes Enforcement Network.”\n\n“For every day past the filing deadline, companies will be fined $500. If the violation continues, owners could face up to two years in prison and/or a fine of up to $10,000, according to the Financial Crimes Enforcement Network.”\n\nhttps://www.msn.com/en-us/money/smallbusiness/tax-law-going-into-effect-jan-1-may-have-outsized-affect-on-small-businesses/ar-AA1kZ8T7",
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