Small businesses get temporary reprieve from 'Big Brother,' but need more certainty
Fox News
Weeks before millions of small businesses faced their rights being trampled and being unwittingly turned into felons, a nationwide injunction against an obscure reporting rule has gone into effect.
Carol Roth is a former investment banker, entrepreneur and author of the new book "You Will Own Nothing" Broadside Books. Her previous books are "The War on Small Business" and the New York Times bestseller "The Entrepreneur Equation."
Jan. 1, 2025, was the deadline to comply with this rule that treated small business owners like financial criminals. It forced anyone with an entity, even solo-business owners with LLCs, S-corporations or other entities, as well as certain homeowners association boards, to register personal information with the financial crimes division of the Treasury (FinCEN).
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