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NEW LAW ALERT. The Corporate Transparency Act – Uber Drivers with LLC’s need….
NEW LAW ALERT. The Corporate Transparency Act – Uber Drivers with LLC’s need to comply!!!
ATTENTION ALL UBER DRIVERS IN THE UNITED STATES that formed LLC’s for tax purposes (mainly because you write your vehicles off for depreciation). Did you know that there is a New Federal Law called the Corporate Transparency Act that went into effect on January 1, 2024? If not, you are not alone. The government never notified you of the new law; the news media is not reporting on it; and so unless you heard about it from a lawyer, CPA, or friend — you have been totally in the dark.
I am a business law attorney out of Michigan. When this new law came out I immediately thought about the millions of Uber drivers that were going to have to comply with this law or face up to $10,000 in fines and 2-years in prison. Yes, I know, it is crazy! But it is the LAW! For this reason, I teamed up with a software engineer and have spent the last 6-months working tirelessly to simplify the government form and make it so easy for single member LLC business owners, specifically, Uber Drivers to fill out from their phones! Uber drivers were my inspiration when I thought of my company’s motto COMPLY ON THE FLY.
Please spread the word — people are still finding out about this and do not know where to turn.
Visit http://www.boicomp.com to Comply on the Fly.
I just joined UberPeople.net today. For all members use Promo Code: UberPeople and receive $25.00 off your filing. You can also use Promo Code: DAVID
I plan to update frequently and make videos exclusively for Uber Drivers. Thank you for support in getting the word out to your fellow drivers. You all work too hard to risk getting fined $591 per/day if you do not comply or getting charged with a felony!!!
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