Small Business Tax Savings Podcast
Business:Entrepreneurship
Send us a text
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
High End Tax Strategies (w/ Special Guest Alex Sonkin)
Per Diem for Employees
Per Diem for Business Owners
Charitable Giving - Personally or Through a Business?
Does No 1099 Mean No Deduction?
Bank Account Empty but Still Showing a Profit - Why?
Sales Tax - What do I need to know?
Tax Due Dates and Podcast Changes
Great Changes for 2020 and Thank You!
Gather W9s and Make Tax Season Stress Free
Self Employed Health Insurance and Reasonable Salary Before Year-End
Last Minute Year-End Tax Strategies
Business Banking Reimagined (w/ Special Guest Yoseph West)
Marriage, Kids, and Family Tax Strategies Before Year-End
Backdoor Roth IRA and Retirement Options Before Year-End
Vehicle Depreciation Before Year-End
Financing Small Businesses and Franchises (w/ Special Guest Paul Bosley)
Deducting Travel For Business
Preparing Your Bookkeeping for Year-End
Marketing in the Digital Era (w/ Special Guests Jeff Van Kampen and Nick Urso)
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