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#29 - Suspension of Beneficial Ownership Filing Requirements
Manage episode 454661411 series 3479072
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A federal court in Texas issued a preliminary injunction suspending the enforcement of the new beneficial ownership reporting requirement. While this ruling provides relief for small business owners, it is TBD whether the reporting requirement will be rescinded or reinstated. In this brief update episode Greg Reed, head of tax at SmartBooks, shares his thoughts and recommendations around this issue.
Reach Greg Reed at smartbookstax.com or greed@smartbookstax.com.
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Host Cal Wilder can be reached at:
cal@empoweringhealthybusiness.com
https://www.linkedin.com/in/calvinwilder/
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