
#35 Beneficial Ownership Reporting Update and Tax Planning Win
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The US Treasury Department announced a major change to beneficial filing requirements affecting most small business owners in the U.S. In this episode, Greg Reed, head of tax at SmartBooks, shares important updates.
He also shares a tax planning success story about how he saved a client $29,000 in tax.
We also discuss important informational filings that still must be made by many U.S. businesses that do business internationally that have major penalties if not done.
Reach Greg Reed at greed@smartbookstax.com or book a meeting with him at smartbookstax.com.
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Host Cal Wilder can be reached at:
cal@empoweringhealthybusiness.com
https://www.linkedin.com/in/calvinwilder/