• 11/26/2024

Small Businesses Must Now Report Ownership Information to the Government. But Many Don’t Know About it.

Wall Street Journal

A new federal rule now requires more than 32 million small businesses nationwide to file ownership information to a little known agency in the U.S. Treasury Department or face potential penalties. The problem: Many of these businesses don’t know about it. 

https://www.wsj.com/articles/small-businesses-must-now-report-ownership-information-to-the-government-but-many-dont-know-about-it-bb13f2b6