New LLC change in 2024 | Corporate Transparency Act
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In today's video, we are
In today's video, we are talking about the "New LLC change in 2024 | Corporate Transparency Act"
Welcome to our channel! In this video, we're delving deep into the forthcoming alterations set to impact Limited Liability Companies (LLCs) in 2024 with the introduction of the Corporate Transparency Act. If you're an LLC owner or simply curious about the implications of these changes, you're in the right place.
📑 Unpacking the Corporate Transparency Act Changes 🏢🔍
Discover the core modifications mandated by the Corporate Transparency Act for LLCs in 2024. We'll provide an in-depth look at the new reporting requirements and the shift towards transparency within the business world.
🔍 Benefits of the New LLC Changes 🌟📈
We'll explore the advantages and benefits that these changes bring to LLCs. From reducing anonymity to strengthening financial transparency, you'll understand how these changes can positively impact your business.
💼 Direct Reporting to Financial Authorities 📊🏦
Learn about the requirement for LLCs to report beneficial ownership directly to the Financial Crimes Enforcement Network (FinCEN). We'll explain what this means for LLCs and how it contributes to combating financial crimes.
🔍 Maintaining Compliance with the Corporate Transparency Act 📋💼
Understand the importance of ensuring compliance with the Corporate Transparency Act and what can happen if you fail to make the necessary changes for your LLC by 2024.
🤝 Preparing Your LLC for 2024 📅📝
We'll share practical insights and tips on preparing your LLC for the upcoming changes. Our aim is to help you navigate these regulatory shifts seamlessly and with confidence.
🧠 Knowledge is Key 🗝️📈
Stay informed and make informed decisions about your LLC's future by subscribing to our channel. Hit the notification bell to receive updates and be part of a community that values knowledge and preparation.
👍 Engage and Share Your Thoughts 🗣️👇
If you find this video informative or have questions, show your support by giving it a thumbs up, sharing it with others, and leaving your comments below. We're eager to hear your insights and address any concerns you may have.
00:00 - 00:07 Intro
00:08 - 00:50 The Corporate Transparency Act
00:51 - 01:57 Reporting directly to FINCEN
01:58 - 03:17 What happens if you don't report to FINCEN
03:18 - 03:43 LLC before and after January 1st, 2024
03:44 - 04:26 Does this mean it removes our anonymity??
04:27 - 04:58 The biggest takeaway
04:59 - 05:18 Outro
📚| Download Free E-Book | 8 Busines Finance Killers
https://theeliteinvestorbook.com/fina...
🎬Watch my most recent videos: @michaelsglaspie
🎉Subscribe Here:
@michaelsglaspie
📘Check out my book:
The Elite Investor: A Military Approach to Real Estate Problem Solving
Link Here: https://amzn.to/3BxNz6h
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📇LinkedIn: LinkedIn: michael-glaspie
🌐Website: http://www.michaelsglaspie.com
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TubeBuddy:
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DISCLAIMER: This video is not financial advice; it is strictly intended for education and entertainment purposes only. You can assume that I will receive compensation for anything I recommend either as an affiliate or from my own products. Any income, earnings statements or shared results are estimates of potential income only. There is no guarantee that you'll receive the same results or any results at all for that matter. Your results will depend entirely on your work ethic, experience, and commitment. As always there is a risk with any business. I am not a financial advisor and nothing in this video should be considered legal advice. You should do your own due diligence and research. Anything said in this video is strictly my own opinion, personal experience, or research.
#NewLLCchangein2024 #LLC #CorporateTransparencyAct
Welcome to our channel! In this video, we're delving deep into the forthcoming alterations set to impact Limited Liability Companies (LLCs) in 2024 with the introduction of the Corporate Transparency Act. If you're an LLC owner or simply curious about the implications of these changes, you're in the right place.
📑 Unpacking the Corporate Transparency Act Changes 🏢🔍
Discover the core modifications mandated by the Corporate Transparency Act for LLCs in 2024. We'll provide an in-depth look at the new reporting requirements and the shift towards transparency within the business world.
🔍 Benefits of the New LLC Changes 🌟📈
We'll explore the advantages and benefits that these changes bring to LLCs. From reducing anonymity to strengthening financial transparency, you'll understand how these changes can positively impact your business.
💼 Direct Reporting to Financial Authorities 📊🏦
Learn about the requirement for LLCs to report beneficial ownership directly to the Financial Crimes Enforcement Network (FinCEN). We'll explain what this means for LLCs and how it contributes to combating financial crimes.
🔍 Maintaining Compliance with the Corporate Transparency Act 📋💼
Understand the importance of ensuring compliance with the Corporate Transparency Act and what can happen if you fail to make the necessary changes for your LLC by 2024.
🤝 Preparing Your LLC for 2024 📅📝
We'll share practical insights and tips on preparing your LLC for the upcoming changes. Our aim is to help you navigate these regulatory shifts seamlessly and with confidence.
🧠 Knowledge is Key 🗝️📈
Stay informed and make informed decisions about your LLC's future by subscribing to our channel. Hit the notification bell to receive updates and be part of a community that values knowledge and preparation.
👍 Engage and Share Your Thoughts 🗣️👇
If you find this video informative or have questions, show your support by giving it a thumbs up, sharing it with others, and leaving your comments below. We're eager to hear your insights and address any concerns you may have.
00:00 - 00:07 Intro
00:08 - 00:50 The Corporate Transparency Act
00:51 - 01:57 Reporting directly to FINCEN
01:58 - 03:17 What happens if you don't report to FINCEN
03:18 - 03:43 LLC before and after January 1st, 2024
03:44 - 04:26 Does this mean it removes our anonymity??
04:27 - 04:58 The biggest takeaway
04:59 - 05:18 Outro
📚| Download Free E-Book | 8 Busines Finance Killers
https://theeliteinvestorbook.com/fina...
🎬Watch my most recent videos: @michaelsglaspie
🎉Subscribe Here:
@michaelsglaspie
📘Check out my book:
The Elite Investor: A Military Approach to Real Estate Problem Solving
Link Here: https://amzn.to/3BxNz6h
------ SOCIAL MEDIA
📸Instagram: Instagram: michael.s.glaspie
👥Facebook: Facebook: michael.s.glaspie
🎵Tiktok: https://www.tiktok.com/@michael.s.gla...
📇LinkedIn: LinkedIn: michael-glaspie
🌐Website: http://www.michaelsglaspie.com
------ Tools for Success
Best CRM (Joinocity):
https://joinocity.com/opt-in?am_id=mi...
TubeBuddy:
https://www.tubebuddy.com/michaelsgla...
DISCLAIMER: This video is not financial advice; it is strictly intended for education and entertainment purposes only. You can assume that I will receive compensation for anything I recommend either as an affiliate or from my own products. Any income, earnings statements or shared results are estimates of potential income only. There is no guarantee that you'll receive the same results or any results at all for that matter. Your results will depend entirely on your work ethic, experience, and commitment. As always there is a risk with any business. I am not a financial advisor and nothing in this video should be considered legal advice. You should do your own due diligence and research. Anything said in this video is strictly my own opinion, personal experience, or research.
#NewLLCchangein2024 #LLC #CorporateTransparencyAct
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