Financial Legacy
Hosted by Lea Smith, the Financial Legacy podcast explores non-profits, entrepreneurship, youth development and financial literacy through engaging with today’s top leaders. When it comes to sharing knowledge, “Nothing’s off Limits with Lea.” Learn more at https://missionmatters.com/author/lea-smith
Financial Legacy
The Foundation to Your Legacy: Know The Rule that Will Affect Every Business Owner
December 21, 2023
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Lea Smith
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Episode 63
*****News Flash*****New/Existing Business Owners****** With the excitement of building financial freedom and wealth there are rules and compliance guidance that certain businesses with fewer than 20 employees will be required to file a BOI report starting January 1, 2024. Failure to comply with Corporate Transparency Act (CTA) could result in $10,000 in fines and up to two years in prison.
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