Topic: Corporate Transparency Act

1 chapters across the catalog

Rainbow of Rockets
Episode 1683 1:55:19 - 2:13:08

1683: Rainbow of Rockets

Executive Producer Credits, Corporate Transparency Act Warning

During the donor thank-you segment, constitutional lawyer Rob Carty provides a "talent" contribution warning small business owners about the Corporate Transparency Act (CTA). By December 31, 2024, most LLCs and S-corps must file beneficial ownership reports with FinCEN or face fines of $500 per day. The hosts express alarm at the lack of public awareness regarding this new federal requirement.