In this episode, Thomas and Ryan are joined by Heather and Isaac from FinCEN Filing Agents to dive deep into the 2024 Corporate Transparency Act (CTA) and what it means for real estate investors and small business owners.
They cover:
- An overview of the Corporate Transparency Act
- Key reporting requirements for LLCs and other entities
- The penalties for non-compliance
- Insights into exemptions, reporting updates, and the timeline for new and existing entities
- Strategies for streamlining the filing process
- Privacy concerns and how your information is safeguarded when filing under the CTA
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