In January of 2021, the Corporate Transparency Act (CTA) was signed into law. The CTA requires companies that meet the definition of a “reporting company” to file a Beneficial Ownership Information (BOI) report with the U.S. Treasury Financial Crimes Enforcement Network (FinCEN).
If you own a business, you may be required to file the BOI for your business with FinCEN by January 1, 2025.
To find out more about your reporting obligations, please visit our resource page here: https://hbkcpa.com/insights/what-is-the-beneficial-ownership-information-reporting-requirement/
Please note: HBK is not authorized to prepare these reports on your behalf. Many of our clients have been successful completing the BOI directly on the FinCEN website. However, if you need assistance we would be happy to put you in touch with an attorney that can help with your filing. Please reach out to your HBK representative for more information.
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