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Raising Awareness about New Compliance Requirements for Small Businesses with Carl Brown
Manage episode 422445104 series 3568131
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In this episode, Frank Tumminello sits down with Carl E. Brown Jr., the state director for the DC Small Business Development Center, and discusses the services and resources provided by the center to small businesses in Washington, D.C. These include free confidential counseling, industry research, loan package review, workshops, and a marketplace called Shop DC. Carl emphasizes the importance of research and compliance in running a successful business, including keeping up with taxes, licenses, and annual reports. He also highlights the challenges faced by small businesses during the pandemic and the need for awareness about the new compliance requirements, such as the Corporate Transparency Act and BOI reporting.
Carl is also the host of The Small Business Report on Sirius XM Channel 141. Check it out here.
Beneficial Ownership Information Reporting is Now Required in the US
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