The Market Ticker - What's The REAL Problem Here?
There’s a lot of screaming in protest going on with a new regulation that went into effect (but wasn’t just passed – it’s a couple of years old) on January 1st.
FinCEN is publishing this Small Entity Compliance Guide (Guide) to help small entities comply with the requirements of the Beneficial Ownership Information Reporting Rule (referenced in this Guide as the Reporting Rule). In particular, small entities may have new requirements under the Reporting Rule.
A “small entity” is, for example, an LLC or S-Corp (or other small privately-held entity that files with a State for its status.)
Many…….
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Source: https://market-ticker.org/akcs-www?post=250430
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