Guest video blogger, Larry Gray (AGC Solutions), explains the basics of Beneficial Ownership Information (BOI). BOI is issued by the Financial Crimes Enforcement Network (FinCEN). According to BOI, qualifying small businesses are required, beginning January 1, 2024, to report certain company and individual information to FinCEN.
The video will answer questions such as:
Why do I have to report BOI?
What companies have to report BOI?
Does the company or individual have to report BOI?
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