$500 per day and jailtime!?

Those are actual potential penalties for not complying with this new LLC reporting requirement that will basically affect all LLCs.

The good news is that if you aren't intentionally trying to skirt the law, you won't go to jail, and it should only take a few minutes.

Just make sure you know about it!

Watch the FULL VIDEO on Youtube:    / @notyourdadscpa  

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