It's taking an automatic bomb to war against a few cockroaches. What percentage

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Oct 24, 2024
3:32:17pm

gwalker All-American

of entities launder money? One out of every million maybe.

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gwalker

Bio page: gwalker
Joined: Aug 8, 2001
Last login: Oct 24, 2024
Total posts: 56,773 (7,661 FO)

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Messages

Author

Time

The Corporate Transparency Act is utter BS. Requiring every entity nationwide,

gwalker

1:45pm

we need a Congressional Transparency Act first...

Cougarclaw

1:46pm

Yep—waste of time

Carnac

1:46pm

RE: The Corporate Transparency Act is utter BS. Requiring every entity

byujdmba

1:48pm

Also seems unconstitutional to me.

byujdmba

1:48pm

How so?

All-American

1:51pm

Requiring every private entity to disclose its ownership?

byujdmba

1:54pm

Ugh, stupid Roe. Can't wait for it to get overturned.

All-American

1:59pm

Government sucks

Skeptical Optimist

1:50pm

speaking as a lawyer that has realized some fees from people having me do these

bruincoug

1:52pm

I can't believe most aren't DIYing this thing. It's really easy and saves

Methusaleh22

1:55pm

I got a letter from my CPA offering to do it for $500. Luckily I did it myself

scottpete

2:42pm

Some people have dozens of entities and don’t mind paying

bruincoug

4:54pm

People are paying you do to it? I filed online in like 2 minutes.

Skeptical Optimist

2:01pm

I don’t know, some ends are fantastic! Who’s end are you referring?

TeeKaa

2:36pm

Agreed, but it's not with the IRS. (BigUted)

Methusaleh22

1:52pm

U.S. Treasury. You are correct.

gwalker

2:01pm

It’s not supposed to help efficiency. It’s to help stop money laundering.

ForzaPuma

2:26pm

I mean, that isn't its real purpose.

YSMACK

2:39pm

It's taking an automatic bomb to war against a few cockroaches. What percentage

gwalker

3:32pm

Was never intended to work against launderers. It is a weapon against small bus.

YSMACK

3:38pm

It is purely designed to assist the IRS collect taxes from small business.

YSMACK

2:39pm

That's one of my problems with it. It forces people to give information that can

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