01/19/2024
ATTENTION CORPORATIONS & LLCs : The bipartisan Corporate Transparency Act, enacted in 2021 to curb illicit finance, requires many companies doing business in the United States to report information about the individuals who ultimately own or control them. With a few exceptions, corporations and LLCs will be required to file the Beneficial Ownership Information (BOI) report. We will touch base with you on this report as we file your 2023 taxes. You can read more about this at fincen.gov or for FAQs, follow this link: https://www.fincen.gov/boi-faqs
FinCEN has prepared the following Frequently Asked Questions (FAQs) in response to inquiries received relating to the Beneficial Ownership Information Reporting Rule.