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Empowering Healthy Business: The Podcast for Small Business Owners

#35 Beneficial Ownership Reporting Update and Tax Planning Win

Empowering Healthy Business: The Podcast for Small Business Owners · 2025-03-03 · 10 min

Episode notes

The US Treasury Department announced a major change to beneficial filing requirements affecting most small business owners in the U.S. In this episode, Greg Reed, head of tax at SmartBooks, shares important updates. He also shares a tax planning success story about how he saved a client $29,000 in tax. We also discuss important informational filings that still must be made by many U.S. businesses that do business internationally that have major penalties if not done. Reach Greg Reed at greed@smartbookstax.com or book a meeting with him at smartbookstax.com . Send us Fan Mail Thanks for listening! Host Cal Wilder can be reached at: cal@empoweringhealthybusiness.com

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#35 Beneficial Ownership Reporting Update and Tax Planning Win - Empowering Healthy Business: The Podcast for Small Business Owners | The B2B Podcast Index