Corporate Transparency Act Unconstitutional? Not So Fast, My Friend
- Corporate Transparency Act Unconstitutional? Not So Fast, My Friend 20:17
A federal judge recently ruled that the Corporate Transparency Act is unconstitutional. Immediately, people assumed that our long national nightmare was over…..and there was much rejoicing. Unfortunately, it was too good to be true. In this episode, I’ll tell you what the lawsuit was about – what the plaintiffs alleged and how the government pushed back; why the judge ruled it unconstitutional; I’ll explain the reasons why we STILL have to comply with the Corporate Transparency Act for the next 3-5 years, and what we can do to protect ourselves by running our businesses through our exempt entity. Enjoy!