This is a big deal. I have personally been dealing with this deadline both for myself and for my clients. This was classic bureaucratic overreach. Hopefully the idea is completely killed by the Trump Administration and Congress.
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153 sats \ 0 replies \ @kepford 9 Dec
This really affected the privacy of people that used LLCs to protect their addresses and identities using LLCs in a couple states that have more respect for privacy. Most states already make public the beneficial owners of LLCs.
Not excusing the FinCEN overreach. Its disgusting but so are the polices of most state's that grant LLCs. I don't think that is getting enough attention. There are people have real reasons to protect their home address from the public. I think that should be universal but some people are more public targets than others.
What was truly disgusting to me about this was how it wasn't required for larger companies.
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53 sats \ 0 replies \ @grayruby 9 Dec
Great news. Reduction in onerous regulation is always a boon to small businesses.
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43 sats \ 0 replies \ @Ge 9 Dec
I was racing to get all my paper work in just to make sure didn't mess up lol it's definitely a push to MAGA and get that good growth and home grown money. This is cool I'll take my gold star and smile that i did everything the teacher said lol.
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