Alert: Does BOI Reporting Apply to Your Business? By: Susan Kornatowski This is a reminder that your business may be required to comply with new beneficial ownership information (BOI) reporting rules that took effect in 2024. Who needs to be aware […]
BOI Reporting Update & SCAM Alert! By: Susan Kornatowski Most small businesses in the US must now report information about their beneficial owners to the Financial Crimes Enforcement Network (FinCen), or face noncompliance penalties. Those who have an ownership […]
New Reporting Requirement for Businesses By: Susan Kornatowski Attention business owners! Effective 1/1/2024, many businesses are now subject to a new requirement to file a report of Beneficial Ownership Information (BOI) with the Financial Crimes Enforcement Network (FinCEN). […]