WFO Speedracer
A lifetime ban is like a lifetime warranty !
- Location
- Alabama
So in case you haven't heard this yet congress passed a little law that takes effect January 1st 2024 targeting millions of small businesses.
If you do not follow these new regulations controlling your business you will be fined immense amounts of money.
You will now need to be registered in a federal database if you have any role in an LLC or an S-corp , you have to give the government all your details, if anyone registered in the database moves to a new residence your new address must be reported within 30 days , they will now keep track of where a companies and executives live as well as any time they relocate.
The new reporting regulations do not apply to larger corporations , the civil penalties for not filling out and sending in the forms stating your location are $500.00 per day with criminal penalties of up to two years in prison and up to $10,000 .
Thanks again congress you are a greedy, entitled bunch of asswipes.
If you do not follow these new regulations controlling your business you will be fined immense amounts of money.
You will now need to be registered in a federal database if you have any role in an LLC or an S-corp , you have to give the government all your details, if anyone registered in the database moves to a new residence your new address must be reported within 30 days , they will now keep track of where a companies and executives live as well as any time they relocate.
The new reporting regulations do not apply to larger corporations , the civil penalties for not filling out and sending in the forms stating your location are $500.00 per day with criminal penalties of up to two years in prison and up to $10,000 .
Thanks again congress you are a greedy, entitled bunch of asswipes.