The Federal Government has recently put a new requirement on LLCs and some other legal corporate entities. If your business isn't exempted you must provide detailed information about corporate officers and beneficial owners.
Business owners can complete the reporting without the assistance and expense of an attorney or accountant, though they might decide to enlist the assistance of a third-party professional.
Watch this short video to determine how you want to tackle the task of reporting and keeping your business compliant with this new federal regulation.
Here are some helpful links:
CLICK TO WATCH THE VIDEO EXPLAINING THIS NEW US TREASURY REPORTING REQUIREMENT
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