The Truth Behind The Corporate Transparency Act with Mark J. Kohler

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  • Опубліковано 8 чер 2024
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КОМЕНТАРІ • 63

  • @demodeiowa
    @demodeiowa 6 місяців тому +12

    What gets to me is that they’re ready to fine business owners up to 10k and possible jail time without informing them of the compliance… the absurdity

  • @NJ_ESSEX
    @NJ_ESSEX 6 місяців тому +5

    I don’t see the difference. If criminals operate within a llc and don’t report any information and you fine them but you don’t know who they are anyway, couldn’t they just repeat this over and over?

    • @user-xd7zr5zy8k
      @user-xd7zr5zy8k 3 місяці тому +1

      of course they can, this will only penalize the law abiding

  • @Onlyonemelman
    @Onlyonemelman 5 місяців тому +2

    Banks are exempt and they launder the most money 😂😂

  • @olorun-akamara
    @olorun-akamara 6 місяців тому +2

    In IT we called this “Zero Trust Policy”. Where every device has to identity who they are and the user of those devices have to authenticate themselves as well.

  • @naahearn
    @naahearn 6 місяців тому +3

    Excellent discussion. Thanks for spreading the word. Since I follow you both, it was very special seeing you together in this collaboration. Cheers 🍻

  • @MargaretEaster
    @MargaretEaster 6 місяців тому +6

    Thank you so much Karlton and Mark for keeping all of us in the loop. Great job!

  • @PerimeterPermaculture
    @PerimeterPermaculture 4 місяці тому +1

    If the IRS has all the info already, which they do, why doesn't FINCin get the information they want from them?

  • @LuzFraterno
    @LuzFraterno 6 місяців тому +1

    Love this. Thanks to Karlton and Mark for providing this information!

  • @wind5250
    @wind5250 6 місяців тому +4

    I'm from the government and i'm here to help. Please provide me with your information for my private database , i promise we will keep it safe and wont find some way to use it against you.

  • @Stinkysock11
    @Stinkysock11 6 місяців тому

    Thanks guys, great help to all of us like always!!! I have learned so much from you two guys, keep up the great work.

  • @lennylove4830
    @lennylove4830 5 місяців тому

    You guys are absolutely OUTSTANDING!!! Thank you

  • @FruitOfTheSpirit
    @FruitOfTheSpirit 5 місяців тому +2

    This _definitely_ won’t be selectively enforced.

  • @ScottJLetourneau
    @ScottJLetourneau 5 місяців тому +2

    Please take FINCEN seriously and remember if you change your address and your mail is not forwarded after 12 months, don't be surprised if you don't receive notification in 2025 or beyond, and that is assuming the lag time is not like the IRS, which you may receive a notice 2-3 years after the fact.

  • @addyofficial34
    @addyofficial34 6 місяців тому +2

    What is our llc was dissolved before 2024?? Do we still have to report to finCEN??

  • @elasticillusion
    @elasticillusion 6 місяців тому +2

    How am I here first. This ended 45 mins ago. Excited to learn. CTA is not being talked about at all and could be huge factor for business owners.

    • @Dahjonruby
      @Dahjonruby 6 місяців тому

      Ok lmao I’m mad I wasn’t invited

  • @biancarenee
    @biancarenee 6 місяців тому

    My 2 new fav people for business info I will definitely be covering it on my YT business page

  • @relaxurmind8848
    @relaxurmind8848 5 місяців тому

    The application was easy peasy! I have a DUNS number so I think I will be good to go! Thanks guys

  • @lesliehill332
    @lesliehill332 5 місяців тому +1

    INACTIVE ENTITY QUESTION: Maintained a dormant LLC that was formed in 2009, administratively dissolved in 12/31/2015 , then reinstated 5 yrs later.. the LLC remains dormant {Biz idea did not workout] as of date...So, instead of continuing to waste money on annual fees to the STATE/GA...can I just dissolve [FREE and Clear of FEES] before effective date OR, am I subject to comply effective Jan 1 2024 ?

  • @05glisedan
    @05glisedan 4 місяці тому

    @42:49 thanks for the clarification.

  • @kimberleerobinson4951
    @kimberleerobinson4951 5 місяців тому

    Awesome!

  • @drakecassidy2942
    @drakecassidy2942 5 місяців тому

    The government is so out of control that most of you do not even realize that the Government is supposed to be FOR the people. Not the people for the Government. Throwing people in prison?!

  • @MichelleBarhamblog
    @MichelleBarhamblog 6 місяців тому

    Thanks for all the great information today. ❤

  • @idaUnchained
    @idaUnchained 6 місяців тому +3

    Could personal identity of LLC (or other business entity) owners be requested by a FOIA request? Or is it exempted as confidential business information?

    • @strohmeyerlawpllc
      @strohmeyerlawpllc 6 місяців тому +1

      No, the beneficial ownership information may not be disclosed publicly as provided by 31 USC § 5336(c)(2)(A). FinCEN may disclose beneficial ownership information to other law enforcement agencies as well as to financial institutions that are subject to customer due diligence requirements to facilitate the compliance of the institution with customer due diligence requirements.
      For financial institutions, they may only access that information with the consent of the reporting company. Financial institutions can't just request the information without the consent of the reporting company.

  • @janolimit22
    @janolimit22 6 місяців тому +3

    Its anti money laundry law, it is what it is, BIG BROTHER, TYRANNY🎉 GOVERNMENT OVERREACHING 🎉 TYRANNICAL GOVERNMENT

  • @supersporttheveteranmixer6289
    @supersporttheveteranmixer6289 5 місяців тому

    How do you find out if you have EIN no. Dormant?

  • @janolimit22
    @janolimit22 6 місяців тому +3

    The problem is the IRS END THE FED🎉 FJB🎉

  • @NatJac-gg3mv
    @NatJac-gg3mv 5 місяців тому +1

    Is it possible for the database to be hacked and all owners info exposed?

  • @purplegal05
    @purplegal05 6 місяців тому +1

    Glad to learn about something new coming down the pipeline. I watched this whole thing but am confused. You mentioned that LLCs need this but then mentioned that sole props don’t have to do this. I have a single member LLC and was told it essentially functions as a sole proprietorship. So would single member LLCs be subject to this new policy?

    • @meximelt4444
      @meximelt4444 6 місяців тому

      Good question because I’m in the same boat. My liability went from $3900 to $199 after legal deductions

    • @angelam.1416
      @angelam.1416 6 місяців тому +2

      ​@meximelt4444 in his other video he said any entities registered with the state. So your single member LLCstill fits that description.

    • @meximelt4444
      @meximelt4444 6 місяців тому +1

      @@angelam.1416 Ok cool! Thanks for the clarification!

  • @momosan11
    @momosan11 6 місяців тому +5

    So from the sound of it, everywhere money laundering actually occurs, seems to be excluded from this....got it.😬

    • @kylewright1516
      @kylewright1516 6 місяців тому

      😂 I know right. Just more laws to control and watch normal citizens. They are trying very hard to turn this country into North Korea.

  • @ItsSunshyne
    @ItsSunshyne 5 місяців тому

    We have to do it by the end of 2023? Or the end of 2024?

  • @80antonc
    @80antonc 6 місяців тому

    Good information. Thank you

  • @lennylove4830
    @lennylove4830 5 місяців тому

    Mark is very entertaining. lol

  • @racinewilliams4291
    @racinewilliams4291 6 місяців тому +1

    Is there a cost to file

  • @johndough3132
    @johndough3132 6 місяців тому

    So buying aged shell companies without a EIN# has to be reported? Does it make sense to buy aged shell companies now in order to trick the banks?

    • @thelastotaku4852
      @thelastotaku4852 6 місяців тому

      The whole point of this is to stop tricking the banks lol so yes

    • @thelastotaku4852
      @thelastotaku4852 6 місяців тому

      Bro openly admitting to frauding a bank intentionally lol smh

  • @janolimit22
    @janolimit22 6 місяців тому

    Careful with the Juice, it will mess u up.

  • @CornellSandifer
    @CornellSandifer 6 місяців тому +4

    Yeah, the rich, the connected and the powerful it won't count for them because our system is corrupt, okay now can you fold the LLC into a trust, the trust now being the owner of the LLC, the trust would be reported, you only being a beneficiary of the trust would your name and ss# still need to be reported.

  • @francekhosravi4010
    @francekhosravi4010 6 місяців тому

    Guys don’t be fooled by this guy. Listen to his podcasts but do not sign with his company KDA. complete nightmare. It’s been extremely rough to get in contact with anyone and no one appears to know what they’re doing.

  • @Mr.Oct___
    @Mr.Oct___ 6 місяців тому +1

    All Mark came here to do is sell his services. He spent the first 20 min NOT answering direct questions.

  • @user-no4ij8lx6w
    @user-no4ij8lx6w Місяць тому

    حلم 💭 ،،،،،،،،،،،،،،،،،حلم ،،،،،،،،،،،،،،،،،حلم ،،،،،،،،،،،،،،،،،حلم

  • @Blackifunny
    @Blackifunny 5 місяців тому

    Good luck feds