What the hell is the BOI Reporting?

[aviator]

I had heard about it but didn't do it until now. Gubment wants to know everything about you if you own a company. Anyone here done it already?

[Sanders]

Good news! You don't have to do it.

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[55chevy]

None of their business except for what is required for tax purposes. Left over crap from biden?

[rto]

That BOI sounds like some obama sh!t. Just like the invasive questions on the 2010 US Census.

[aviator]

You still have to do it but will not run into a penalty for not doing it,it was $250 a day for every day you filed late. All they have to do is go to the state corporate records and see who the owner is.

[Retvet]

More government intrusion compliments of the cleptocrats

[GARANDNUT]

I had to comply. It was signed into law by Biden and the main sponsors to the bill were Pelosi and Schumer. It is 'justified' as a necessary step to prevent terrorism. However, it strangely omits 501c3 (were the libtards and terrorists launder money) and corporations over a certain size (big dem donor class dwell). It was successfully challenged as unconstitutional in I think Mississippi and for now that state does not have to comply with it. A stay went into place next in Texas but was lifted. What is odd is the IRS already has all the information that BOI requires. Its purpose is probably to create additional violations when the IRS goes after a small business.

[aviator]

If you have an employer tax number they already have all the information, it's about more control. I may liquidate the office this year and just stay as a broker for my own stuff, I'm tired, I can't do half the stuff I used to do before surgery, old age is catching up.