NEW LAW: Side Hustles Become Illegal!

In this conversation, Noelle discusses the implications of the new Corporate Transparency Act, which requires business owners to file a Beneficial Ownership Information (BOI) report. She explains the importance of compliance, the potential penalties for non-compliance, and provides guidance on how to file the report for free. Noelle emphasizes the transition from side hustles to legitimate businesses, highlighting the benefits of business credit and funding opportunities. She also shares resources for entrepreneurs to help them navigate these changes effectively.