New Federal Reporting for State-Registered Entities

[AndrewS]

If you have an LLC, S-Corp, partnership, C-Corp, or other state-registered entity, your entity has a new federal reporting requirement starting on January 1, 2024. It’s called the FinCEN Beneficial Ownership Information (BOI) report. This report is mandated by the Corporate Transparency Act passed by Congress in 2021. Basically your state-registered entity must tell the federal government who’s behind that entity. https://boiefiling.fincen.gov/

 

[Marcas]

Thanks for info, Andrew.