Small businesses will now be required to disclose all “beneficial owners” to a newly-created law enforcement agency or face daily penalties or possible imprisonment. The new reporting scheme is largely unprecedented. The reporting requirements themselves are not extensive, but the constancy of updating disclosures will likely chill business formation.
Read MoreThe Payroll Protection Program’s Paycheck Protection Program Borrower Application Form can be daunting to complete. In this video, Tripp Watson walks you through the process of completing the application:
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