Category: Uncategorized

Jan 30
Beneficial Ownership Information (BOI) Reporting Deadline

The Financial Crimes Enforcement Network (FinCEN) has created fresh reporting mandates for information on beneficial ownership (BOI). Here are the key points about the BOI reporting: What is BOI?¬†Beneficial Ownership Information (BOI) refers to the individuals who ultimately own or control a legal entity. Reporting Requirements:¬†Numerous businesses must submit data to FinCEN regarding the individuals […]