1. EachPod

The Valley Current®: Will the Corporate Transparency Act (CTA) Work?

Author
Jack Russo
Published
Wed 07 Aug 2024
Episode Link
https://computerlaw.libsyn.com/the-valley-current-will-the-corporate-transparency-act-cta-work

Over the past decade, FinCEN (Financial Crimes Enforcement Network) has been responsible for a lot of reporting about financial accounts, but recently FinCEN has been trying to keep track of who owns what businesses. This affects corporations, LLCs and other entities. In response to new regulations, FinCEN just issued a FAQ regarding what is and isn’t exempt around ownership structures, trusts and privacy strategies. Host Jack Russo and CPA, Steve Rabin try and make sense of these new regulations so we can all stay compliant.

 

https://taxservice2u.com/

 

Jack Russo

Managing Partner

[email protected]

www.computerlaw.com

https://www.linkedin.com/in/jackrusso

"Every Entrepreneur Imagines a Better World"®️

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