Podcast Ep. 18 - Why businesses have to report their identities?

#business #selfemployed #llc #corporate #businesstips #entrepreneur
There's some additional information that I've discovered after last week's podcast I'm sharing in this week's podcast regarding to the Beneficial Ownership Information Report. Also, how this report came about, tracing back to the Paperwork Reduction ACT, which I went over in this podcast.

FinCEN website FAQ:

https://www.fincen.gov/boi-faqs#_ftn11

Additional source:

https://www.wolterskluwer.com/en/expert-insights/fincen-issues-final-rule-implementing-the-reporting-requirements-of-the-corporate-transparency-act

Hit the like, subscribe, and notifications for the latest in tech and our economy and educational content.