BOI (Beneficial Owner Information) reporting is a new mandatory business filing requiring most U.S. companies to submit their beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN) in 2024. While the actual requirement to report the BOI information is very real, the reporting has led to the latest…
If you have an established company or are planning on starting a new company in 2024 or beyond, please read this blog carefully. What Is FinCEN BOI Reporting? BOI (Beneficial Owner Information) reporting is a new, mandatory, NEW business filing requiring most U.S. companies to submit their BOI to…
For our past analyses and updates on the CTA, please visit our blog. As a quick summary, the Corporate Transparency Act (CTA) requires most corporations, limited liability companies and similar entities formed or registered to do business in the United States to report beneficial ownership information (BOI) reports…
