“They’re hoping to run out the clock, to find a loophole, to delay the inevitable. But the clock is ticking, and January 1, 2025, is coming like a freight train.”
It’s a nice idea. But it won’t work as you speculate. The CTA has exemptions built-in for the following categories:
- Financial entities
- Private Equity entities
- Investment Firms
- companies with 10 or more employees
- Entities earning $5,000,000 or more annually
The CTA was passed as an addendum to the Inflation Reduction Act. This was a Biden move to easily track small business owners to more easily tax them and impose income tax enforcement.
The same act authorized the IRS to hire 80,000 additional employees for “Corporate Tax Audit and Enforcement” purposes. It includes 2500 armed tax enforcement officers. Translated: they need enhanced small business owner tax revenue to offset their out of control government spending.
Yup. This was designed to go after the mom and pop businesses to extort more revenue from the turnip. Do you really think that the deep state would allow what the author stated? Wishful thinking. The only way to destroy the evil is to crash the monetary system and starve them. Without their monetary support, they will die on the vine.
It will be hard on everyone but destroying the current monetary system and going back to real money ie gold and silver.
I really want to believe that this is for the Cabal.. but I think you hit the nail on the head Yalta. Another way to go after small business. The Elites will escape. I pray I'm wrong..
I’m with you Featherjourney! We know about COG. We see it playing out bit by bit. We know that Biden has extended or not stopped certain Trump E O’s and that he and Jill hate Obama, Pelosi etc. who stopped his campaign for POTUS. He or maybe he and Jill screwed up their plan to bring in Michelle by endorsing Kamala immediately. They were trapped! 😂 He has no loyalty to them or anyone else now. So let’s see what happens! No one except Trump and a handful of of people know exactly what is going on! I trust Trump period!
Just the same way my mind has difficulty fully comprehending 5D Chess, I can’t quite comprehend how the vast complexities of the cabal unravel into their total demise with this CTA…NEVERTHELESS…just because I can’t see the multiverse levels going on here doesn’t mean I don’t sense and feel incredibly psyched that THIS IS THE CHECKMATE move. ♟️ ❤️💫
FJ... stay tuned... 1/7 the first part of my 4 part series comes out that attempts to describe the complexities of not only the 5D chess Deep State used to enslave the world... but the 9D chess White Hats used to transcend Deep State's cancerous criminal organism... subscribe to Badlands Media Substack to get notifications... https://badlands.substack.com/
Watch for:
Structures of Control - Part 1
Decoding the Deep State's Multidimensional Web of Control
I am a subscriber and supporter of Badlands Media for some time now - it’s how I found you just awhile back! And anyone using “Observing Consciousness” for a substack identity is a ride I am onboard with 😉
With just the $5 mil exemption from the reporting requirement, you’re missing all those big top players. That’s why they designed the law this way. BOI reporting to the Financial Crimes department of the Feds is about nothing more than going after the small businesses in America. Completely unconstitutional on its face if you ask me!
And we're suppose to believe that this is being down with the specific purpose of changing a corrupted governing system......to what? another power induced government operations? Pass the canapes....someone/somebody always has a CONTROLLING INTEREST....
Hasn’t this been suspended by the courts from taking effect? I disagree anyway with your premise. My State already makes me disclose beneficial ownership. I imagine I am not unique.
Your perspective is wrong / dead wrong! The CTA is an unconstitutional exercise of federal power and authority. They have NO right to threaten me with jail time and criminal penalties for failing to answer their BOI questions and conform to there regulations. 32,000,000 businesses in America are being invaded by CCP / NWO unconstitutional policies of the deep state and treasonous traitors! Collectively the 32,000,000 business men and women need to tell Uncle Sam, UK, Australia, New Zealand, Canada, France, Germany, Italy, (Interpol) five eyes, NSA, IRS, CIA, WHO, WTC, to go to hell!
We own a law firm here in Dallas Texas that is doing all of this work for the corporate transparency Act. It's been very interesting to hear what my husband has to say as he's been preparing and filling out all of these documents for all of his clients to comply.... Can't wait to see how it all turns out!
I closed 2 small businesses rather than report to Treasury bc they NEVER go after the real criminals. Enforcement is for small businesses not elites, like the Bidenistas.
In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force. The following guidance should be understood to address the requirements at such a time as the order may be lifted. However, reporting companies may continue to voluntarily submit beneficial ownership information reports. To learn more, visit fincen.gov/boi.
Isn't it true that the filing deadline was initially set for January 1, 2025, but was later extended to January 13, 2025, due to a nationwide injunction that blocked enforcement of the CTA.
Recent Developments: A Fifth Circuit panel reinstated the nationwide injunction on December 26, 2024, causing turmoil in compliance offices and widespread confusion among businesses. As a result, the government can no longer require businesses to file their beneficial ownership information reports to FinCEN.
Nice try. All the important ones are exempt. Non-profits, companies over $5 million revenue, more than 20 employees, etc. 23 specific exemptions. CTA purpose is only to squeeze small businesses.
“They’re hoping to run out the clock, to find a loophole, to delay the inevitable. But the clock is ticking, and January 1, 2025, is coming like a freight train.”
It’s a nice idea. But it won’t work as you speculate. The CTA has exemptions built-in for the following categories:
- Financial entities
- Private Equity entities
- Investment Firms
- companies with 10 or more employees
- Entities earning $5,000,000 or more annually
The CTA was passed as an addendum to the Inflation Reduction Act. This was a Biden move to easily track small business owners to more easily tax them and impose income tax enforcement.
The same act authorized the IRS to hire 80,000 additional employees for “Corporate Tax Audit and Enforcement” purposes. It includes 2500 armed tax enforcement officers. Translated: they need enhanced small business owner tax revenue to offset their out of control government spending.
Yup. This was designed to go after the mom and pop businesses to extort more revenue from the turnip. Do you really think that the deep state would allow what the author stated? Wishful thinking. The only way to destroy the evil is to crash the monetary system and starve them. Without their monetary support, they will die on the vine.
It will be hard on everyone but destroying the current monetary system and going back to real money ie gold and silver.
I really want to believe that this is for the Cabal.. but I think you hit the nail on the head Yalta. Another way to go after small business. The Elites will escape. I pray I'm wrong..
I’m with you Featherjourney! We know about COG. We see it playing out bit by bit. We know that Biden has extended or not stopped certain Trump E O’s and that he and Jill hate Obama, Pelosi etc. who stopped his campaign for POTUS. He or maybe he and Jill screwed up their plan to bring in Michelle by endorsing Kamala immediately. They were trapped! 😂 He has no loyalty to them or anyone else now. So let’s see what happens! No one except Trump and a handful of of people know exactly what is going on! I trust Trump period!
“I trust Trump period!”
With you on that, BlueSky ❤️💫🕊
The CTA is the heavy hand of government intrusion into things that are none of their business.
Just the same way my mind has difficulty fully comprehending 5D Chess, I can’t quite comprehend how the vast complexities of the cabal unravel into their total demise with this CTA…NEVERTHELESS…just because I can’t see the multiverse levels going on here doesn’t mean I don’t sense and feel incredibly psyched that THIS IS THE CHECKMATE move. ♟️ ❤️💫
Loved this post. Thank You 🙏❤️🇺🇸🕊
FJ... stay tuned... 1/7 the first part of my 4 part series comes out that attempts to describe the complexities of not only the 5D chess Deep State used to enslave the world... but the 9D chess White Hats used to transcend Deep State's cancerous criminal organism... subscribe to Badlands Media Substack to get notifications... https://badlands.substack.com/
Watch for:
Structures of Control - Part 1
Decoding the Deep State's Multidimensional Web of Control
Thank you…
I am a subscriber and supporter of Badlands Media for some time now - it’s how I found you just awhile back! And anyone using “Observing Consciousness” for a substack identity is a ride I am onboard with 😉
I am looking forward to your 4 part series!! 💫❤️
With just the $5 mil exemption from the reporting requirement, you’re missing all those big top players. That’s why they designed the law this way. BOI reporting to the Financial Crimes department of the Feds is about nothing more than going after the small businesses in America. Completely unconstitutional on its face if you ask me!
Blackrock? Vanguard? Alleged USA Corp? CIA-owned corps? Secret oligarchical family trusts?
That about sums it up... now White Hat owned... EO 13818...
If you are correct, this is going to be Pandora's box.
And we're suppose to believe that this is being down with the specific purpose of changing a corrupted governing system......to what? another power induced government operations? Pass the canapes....someone/somebody always has a CONTROLLING INTEREST....
Keeping my eyes open!
Hasn’t this been suspended by the courts from taking effect? I disagree anyway with your premise. My State already makes me disclose beneficial ownership. I imagine I am not unique.
Oh that it might be so. One can dream. It would be lovely if this were the result of this regulation. However, not holding my breath.
Your perspective is wrong / dead wrong! The CTA is an unconstitutional exercise of federal power and authority. They have NO right to threaten me with jail time and criminal penalties for failing to answer their BOI questions and conform to there regulations. 32,000,000 businesses in America are being invaded by CCP / NWO unconstitutional policies of the deep state and treasonous traitors! Collectively the 32,000,000 business men and women need to tell Uncle Sam, UK, Australia, New Zealand, Canada, France, Germany, Italy, (Interpol) five eyes, NSA, IRS, CIA, WHO, WTC, to go to hell!
Don’t piss on my back and tell me it’s raining.
You need to read the Bill of Rights.
We own a law firm here in Dallas Texas that is doing all of this work for the corporate transparency Act. It's been very interesting to hear what my husband has to say as he's been preparing and filling out all of these documents for all of his clients to comply.... Can't wait to see how it all turns out!
I closed 2 small businesses rather than report to Treasury bc they NEVER go after the real criminals. Enforcement is for small businesses not elites, like the Bidenistas.
In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force. The following guidance should be understood to address the requirements at such a time as the order may be lifted. However, reporting companies may continue to voluntarily submit beneficial ownership information reports. To learn more, visit fincen.gov/boi.
Isn't it true that the filing deadline was initially set for January 1, 2025, but was later extended to January 13, 2025, due to a nationwide injunction that blocked enforcement of the CTA.
Recent Developments: A Fifth Circuit panel reinstated the nationwide injunction on December 26, 2024, causing turmoil in compliance offices and widespread confusion among businesses. As a result, the government can no longer require businesses to file their beneficial ownership information reports to FinCEN.
Nice try. All the important ones are exempt. Non-profits, companies over $5 million revenue, more than 20 employees, etc. 23 specific exemptions. CTA purpose is only to squeeze small businesses.