At this writing, the Beneficial Ownership reporting requirements are foreign based. Domestic owners have been exempted.
It is my hope this remains intact. Requiring small business to report themselves in a criminal database with update penalties made little sense.
When a door is closed, stop and look around. For my instance, backups failed. So, new is good. In the meantime, you may find me at H H Schunke MA CPA CGMA on Facebook.
In the meantime, please look at your estate plans. How does reverting to 2018 estate rules grab you? What does funding mean? How will funding now affect my plans in 2026?
