Do you have an LLC, or are you considering one?
Listen up, because there is a new law that will affect you.
It's called the Corporate Transparency Act, and it went into effect on January 1.
It's a good thing - it will make it easier to prevent shell companies, and stop human trafficking, terrorism, money laundering, and other financial crimes.
But YOU will need to prove your bona fides now because of it. Small LLCs are the target – that's you.
The new filing is simple, but the fines are $500/day up to $10,000 or 2 years in jail if you don't do it.
Personally, my worry is that small-scale folks, like you and your friends, might not get this message, and may get into some trouble for failing to file. I'm hoping to spread the word to artists and creatives everywhere.
I made this short course for you so you can learn more about this law, why it’s actually a good thing and how you can comply to avoid fines (& jail).
The report is free, easy, and I guide you through it with a video of ME filing my own BOIR on the FinCEN website.
What you're getting:
A straightforward checklist to guide you through the new law, and get your BOI report filed quickly and for free
A video walkthrough of how to file the report.
Bonus resources for more information about the Corporate Transparency Act
Free and easy (it only takes 30 minutes including completing your own BOIR filing)
If you know anyone with an LLC or considering forming one, please forward this article to them.
New Rules for LLCs Course link: https://courses.sunlighttax.com/file-your-boi-report-new-rule-for-llcs
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