Latest / Savvy Shopkeeper Retail Podcast
236: Understanding the New Beneficial Ownership Information Requirement for Small Businesses in the US
DISCLAIMER: This episode was originally scheduled to air on December 5, 2024, but legal developments and a busy week caused some last-minute delays. After months of postponing this topic due to ongoing legal uncertainties, I felt it was finally time to address the Corporate Transparency Act (CTA) and the BOI (Beneficial Ownership Information) requirement—a regulation many small business owners may not even be aware of.
However, just as this episode was set to publish, a U.S. District Court in Texas issued an injunction, putting the CTA on hold again. This legal limbo means the requirement…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.