The Corporate Transparency Act is by far, the most repressive piece of legislation against small business ever enacted in the history of our country. In this series of videos, I will be doing a deep dive on every component of this law and how it is going to change your business and your life, and not for the better. This episode talks about the penalties and punishments for people who do no comply or unwillingly are in non-compliance. Yes, you could go to jail!
Hi I'm Dohn Thornton. I'm a Senior Trust Specialist, and a real estate investor. To put it in a nutshell, I help anybody not on a W2, legally reduce their taxes by as much as 97%, while getting 100% lawsuit-proof asset protection. I spent 20 years making lots of money in real estate; yes, it just caused me to pay more money in taxes.
After learning about this amazing "Ironclad" trust, this Non-Grantor, Irrevocable, Complex, Discretionary, Spendthrift trust, and how I was able to legally reduce my taxes to ZERO, I started telling people about it. I wrote 5 eBooks about it and started sharing them with people. Next thing I knew, I was getting interviewed on podcasts. But the coolest thing is that people kept sharing their stories with me, and asking me how they could get a trust!