Creating Wealth Real Estate Investing With Jason Hartman

In this episode, Jason Hartman discusses the Corporate Transparency Act, effective January 1, 2024. The act mandates companies doing business in the U.S. to report beneficial ownership information to the government to combat money laundering. Hartman emphasizes the exemptions, including securities issuers, government entities, banks, and more. He highlights the 57-page guide available for compliance, suggests seeking professional help, and warns of hefty penalties for non-compliance. The discussion touches on the complexities, potential loopholes, and challenges posed by the new law, urging listeners to stay informed and compliant with evolving legal requirements. https://www.fincen.gov/boi Download the PDF guide here https://www.fincen.gov/sites/default/files/shared/BOI_Small_Compliance_Guide.v1.1-FINAL.pdf If you need a referral to our attorney, go to https://www.jasonhartman.com/ and fill out any form.   #CorporateTransparencyAct #Compliance #BusinessLaws #MoneyLaundering Key Takeaways: 1:19 So many laws!