A new Biden rule is about to blindside 32 million small businesses with traps that could land entrepreneurs in jail. The Corporate Transparency Act goes into effect on January 1, 2024, and has been marketed as a way to prevent money laundering — but it suspiciously only targets the smallest of s...
Former investment banker Carol Roth recently warned in a Blaze Media op-ed that "32 million small businesses are about to get blindsided." She joins Glenn to break down a new rule that goes into effect on Jan. 1, 2024. On paper, the Corporate Transparency Act is marketed as a way to prevent against money laundering.
Adult industry attorney Corey Silverstein will make a guest appearance on SexWorkCEO founder MelRose Michaels' weekly SWCEO X space to address concerns about and clarify the Corporate Transparency Act (CTA) for adult creators and other industry members.
Attorneys discuss the Corporate Transparency Act. CTA takes effect in 2024 and requires private companies to report their beneficial owners to FinCEN to prevent illegal activities such as money laundering and terrorism financing. They also discuss penalties.