There were new rules passed regarding reporting the Beneficial Owner of an LLC and there are supposedly hefty fines if you do not comply, so I sat down and discussed it with John Singleton. John set up my LLC and has done so for many of my members so he’s the guy to talk to about this. So here’s the full interview and what he said about it, as well as the court cases he referenced that have already been settled and provide PRECIDENT for this new regulation.