A close friend of mine who runs a small business sent me this from his accounting office. Just one more tally on the "government doesn't want small businesses to exist" column. (I'm aware this isn't exactly new to many types of businesses but it is to us)

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This may be on hold. They pushed the date back to Jan 13th and volunteer reporting as of yesterday when he checked

Hmmm. They pushed this back 13 days? Any reason why? What is 13 days going to do?

The BOI reporting requirements are being challenged in court. It was stopped, started, and stopped again. Currently, it is stopped so your friend doesn't need to file this report yet. It will probably be March or so if it survives the court challenge. Hopefully it does not.

But yeah, your commentary is 🎯. Big government likes big companies that can be easily controlled. Small business gets steamrolled.

It's on indefinite hold now, thanks to Texas top Cop Inc.

This shit made me so livid when I set up my business around this time in 2024.

Same

I feels like it never ends. Drowning in compliance. We moved away from ecommerce because of all the website store and sales tax compliance.

I bet you didn't even bother to vote for your FinCEN representative