Big news on the Corporate Transparency Act! 🚨 A Texas appellate court has just lifted the national injunction, meaning the beneficial ownership reporting requirements are back in effect.
Would you like to learn more about the CTA and talk to someone? Schedule a free consultation here: https://aba.link/ngf
If you were waiting to file, the deadlines have been updated—some businesses now have until March 21st to comply.
The case has gone through multiple court reversals, but as of today, the Treasury’s FinCEN is enforcing the CTA again. I’ll break down what this means for business owners and what you need to do next.
Show Notes:
0:00 Intro
1:05 Samantha Smith and Robert Means v. U.S. Department of the Treasury
3:09 BOI Reporting Back in Effect
6:59 Who is this Geared For?
8:52 Not Targeting Small Businesses
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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