Josh McLeod Explains Why BOI Reporting No Longer Applies to U.S. Small Businesses

Josh McLeod of the National Federation of Independent Business joins Brian Haldane on Mornings with Brian Haldane to discuss the end of Beneficial Ownership Information (BOI) reporting requirements for U.S. businesses. McLeod explains what BOI reporting required, the privacy and compliance concerns it created, and the financial burden it placed on small businesses. He also discusses NFIB’s efforts in Congress to make the exemption permanent and prevent the reporting requirements from returning.