As a small business that supports other small businesses, we get pretty fired up when the government makes changes that have the potential to screw us over. Enter the Corporate Transparency Act (CTA).
If you haven’t seen Kim’s recent article on this, the CTA requires every small business in the country to provide their personal information to the federal government. It can lead to fines and even imprisonment for noncompliance if they don’t. In a world where small business owners are already at a disadvantage and constantly overburdened, is this really the message we want to send them?
