Let's Play Southern Orange County's Favorite Game Show: Who Owns That LLC?
The good news is, winning this game will soon be much, much easier.
Starting last month, LLC and corporation owners are now required to disclose the identity of their owners to the federal government. If an LLC does not comply, they’ll be subject to daily fines of $500 and potential jail time.
This was done as part of a larger effort to stop criminals from laundering money here in the United States, which has become a ha…
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