The FTC Cracks Down On Hidden Fees...
It’s New Year’s Eve, and Greg and I are back with a rapid-fire episode of the Don’t Say That podcast! The government is keeping us on our toes with some major compliance updates—and we’re here to break them down for you. First up, we’re diving into the latest twists with the Corporate Transparency Act (CTA) and BOI filings. Under the new rules, businesses must file by January 13th or face hefty daily fines ($500/Day!). Greg explains what this means and how to stay compliant. Then, we switch gears to hidden junk fees. Whether it’s hotels, concert tickets, or even restaurant bills, these sneaky charges are everywhere. The FTC is cracking down, and we cover what businesses (and customers) can expect when the new rules take effect. Here’s what we cover in today’s episode: What businesses need to do to avoid $500/day fines. Details on the FTC’s new rule against hidden fees and who it targets. Greg’s predictions on the TikTok Supreme Court case Where hidden fees sneak into subscription services and how to fix it. Start the new year on the right foot with these critical compliance updates!