Posts Tagged ‘taxation’
Microsoft Copilot: Is someone serving as a federal employee and a “taxpayer” violating the dual-office prohibitions of law?
EDITORIAL: This series of questions demonstrates how: More on the above at: QUESTION 1: Is it possible to serve in a public office in two departments of the national government at the same time? ANSWER 1: Great question — this touches on the constitutional and statutory rules about holding multiple offices in the U.S. federal…
Read MoreTreasury Department Announces Suspension of Enforcement of Corporate Transparency Act Against U.S. Citizens and Domestic Reporting Companies
SOURCE: https://home.treasury.gov/news/press-releases/sb0038 The scope of the Corporate Transparency Act (CTA) has been vastly curtailed by the United States Treasury. This law required “domestic” and “foreign reporting companies” to file Beneficial Ownership Information Reports. Over the past year, tremendous misinterpretation of the CTA has occurred—leading a majority of business owners to wrongly presume their business entity was…
Read More