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The Main Street Code - Navigating the Corporate Transparency Act with Lawrence Scherer - S5E08
In this episode of "The Main Street Code for Financial Success," we're joined by legal expert Lawrence Scherer to unravel the complexities of the Corporate Transparency Act, a new regulation impacting over 33 million small businesses in the United States.
We dissect the act's requirements, penalties for non-compliance, and practical steps for business owners to stay within the law. Plus, delve into the critical importance of irrevocable life insurance trusts and the role of trustees and fiduciaries in estate planning.
Whether you're a small business owner, advisor, or just keen on financial planning, this episode offers essential insights into navigating these legal waters. Tune in to equip yourself with the knowledge to protect your business and assets.
Don't miss out on this vital information - catch us on 103.9 L.I. News Radio every Friday at 3 PM EST, and visit www.themainstreetcode.com for more episodes and financial guidance. All episodes are available on YouTube, Spotify and Apple Podcasts.
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By Neil HimmelsteinIn this episode of "The Main Street Code for Financial Success," we're joined by legal expert Lawrence Scherer to unravel the complexities of the Corporate Transparency Act, a new regulation impacting over 33 million small businesses in the United States.
We dissect the act's requirements, penalties for non-compliance, and practical steps for business owners to stay within the law. Plus, delve into the critical importance of irrevocable life insurance trusts and the role of trustees and fiduciaries in estate planning.
Whether you're a small business owner, advisor, or just keen on financial planning, this episode offers essential insights into navigating these legal waters. Tune in to equip yourself with the knowledge to protect your business and assets.
Don't miss out on this vital information - catch us on 103.9 L.I. News Radio every Friday at 3 PM EST, and visit www.themainstreetcode.com for more episodes and financial guidance. All episodes are available on YouTube, Spotify and Apple Podcasts.