• 64. Almost ALL Nature-Based Business Owners in the United States Must Comply with this New Law

  • May 13 2024
  • Length: 14 mins
  • Podcast
64. Almost ALL Nature-Based Business Owners in the United States Must Comply with this New Law By cover art

64. Almost ALL Nature-Based Business Owners in the United States Must Comply with this New Law

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  • Summary

  • If you're a nature-based business owner in the United States, you NEED this information to avoid fines and penalties from the government! This short episode could save you a lot of hassle down the road. I explain the new Corporate Transparency Act (CTA) and the requirement that all businesses submit their Beneficial Ownership Information (BOI). Don't worry - it is quick and easy. Takes less than 10 minutes and you only need to do it once (or after any ownership changes in the future).

    Go to https://www.fincen.gov/boi to report your BOI for your business. If you existed before 1/1/24 you have till 1/1/25 to report. If you start your business in 2024 or later, you must report within 30 days!

    You can get more information at this helpful blog post from my trusted local attorney's office here in Madison: https://www.athenalegalsolutionsllc.com/post/breaking-down-the-corporate-transparency-act-what-business-owners-need-to-know
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