Small Business Tax Savings Podcast
Business:Entrepreneurship
Send us a Text Message.
Do you want to learn more about Corporate Transparency Act and how it can benefit your business? In this episode of the Small Business Tax Savings Podcast, Mike welcomes John R. Strohmeyer. John is an attorney providing legal services covering Estate Planning & Probate, Tax: Business and International, and Business / Corporate. After working for law firms for nearly nine years, I started Strohmeyer Law so that I could bring what I learned about client service from the Four Seasons to the legal industry.
John covers what information needs to be reported such as legal names, dates of birth, residential addresses, identifying documents, and photocopies of those documents.
Tune in now and hear John explains potential penalties for not filing and remind people to get this done ahead of time!
[00:23] Corporate Transparency Act Explained
[04:14] What Is The Purpose Of The Corporate Transparency Act
[13:16] Understanding How The Corporate Transparency Act Can Help Your Business
[24:33] Closing Segment
Key Quotes
“When a new client comes in and says, “Hey, I want an LLC.” Great. Until we have all of your information and it's ready to file. Once you've got it, we'll be able to nail all of your other Corporate Transparency Act requirements so you don't have to think about it. And until those beneficial owners change or some of their information changes, there's nothing else to file.” – John R. Strohmeyer
______
Connect with John through his:
Website: Strohmeyer Law
LinkedIn: @johnthelawyer
Facebook: John Strohmeyer
Twitter: @johnthelawyer
______
Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings Podcast
Join Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax
IncSight Packages: https://incsight.net/pricing/
Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale
-------
Podcast Website: https://www.TaxSavingsPodcast.com
Facebook Group: https://www.facebook.com/groups/taxsavings/
--------
To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com
Where's My Refund? What Is a Tax Refund?
Is Filing an Extension a Bad Thing? What Do I Need To Know About Tax Extensions?
What Is a Roth IRA and Why Is It So Powerful?
What Options Do I Have To Pay For My Tax Bill?
What Retirement Plan Options Are Available For My Business in 2022?
What Is the Difference Between an Independent Contractor vs Employee?
What Tax Strategies Are Available After the Year Is Over? Tax Strategies After 12/31/21
What 3 Mistakes Do New High-Income Entrepreneurs Make and How Can They Avoid Them?
What's the Difference Between a Hobby and Business?
When Are 2021 Tax Returns Due? How Can I Make This Tax Season Stress Free?
Tax Savings Summit + Guest Appearance on the Financial Flossing Podcast
Tax Minimization Program + Guest Appearance on The Free Retiree Show
What Do I Need To Know About 1099s? (For Business Owners)
What Is Depreciation for My Business? When Does a Capitalization Policy Make Sense?
What Year-End Tax Strategies Are Available to Business Owners?
What Is a Cost Segregation Study and When Does It Make Sense?
How Do I Reimburse Myself From the Business? When Does An Accountable Plan Come Into Play?
What Is the Research and Development (R&D) Credit and How Do I Qualify?
What Health Benefit Options are Available for Small Businesses With Employees?
What Options Are Available to Business Owners With High Medical Costs?
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Make Me Smart
Tax Chats
WSJ Your Money Briefing
NerdWallet’s Smart Money Podcast
The Indicator from Planet Money