I agree it’s a heavy-handed Covid operation. $500/day fines for noncompliance, paired with a deceptively deliberate lack of marketing for its implementation. My accountant didn’t know anything about it last year, and couldn’t care less. This year, on the first Monday of December, less than thirty days notice to react for all those small business owners who haven’t heard a thing about it, I finally received notice from my accountant that the IRS contacted them.
There have been several posts made on GAW but sadly none of them have received much attention.. this cta bullshit is an incredible overreach of pure government power.
I agree it’s a heavy-handed Covid operation. $500/day fines for noncompliance, paired with a deceptively deliberate lack of marketing for its implementation. My accountant didn’t know anything about it last year, and couldn’t care less. This year, on the first Monday of December, less than thirty days notice to react for all those small business owners who haven’t heard a thing about it, I finally received notice from my accountant that the IRS contacted them.
There have been several posts made on GAW but sadly none of them have received much attention.. this cta bullshit is an incredible overreach of pure government power.
And was passed as a rider to the NDAA.