Painting Biz Owners: Do you know what's required from you regarding the Corporate Transparency Act?

They want information about the company itself. They refer to that as a reporting company. For example, the legal name of your company, any trade names such as doing business as or trading as, your current street address and the principal place of business, what jurisdiction you formed your company in, your taxpayer identification number. So that would be your EIN that you get from the IRS. If you are a sole proprietor that has an LLC and you are using your Social Security number or your taxpayer identification number, then they would want to know that. If you don't like the idea of giving out your Social Security number, you can always apply for an EIN with the IRS and you can use that instead. So any blood test samples that they need? They send you a vial in the mail. Uh, no, no, no biometric data as of yet. We're just sticking with addresses and numbers for now.