FinCEN has released a Small Entity Compliance Guide to assist businesses with the new rules for the Beneficial Ownership Information (BOI) reporting requirements effective January 1, 2024. We urge you to review this new guide to understand your reporting requirements. Please refer to our previous newsletter articles for information on the BOI reporting as well as the newly released Small Entity Compliance Guide linked below:
Beneficial Ownership Information Reporting Under The Corporate Transparency Act
Beneficial Ownership Information Reporting under the Corporate Transparency Act – Part 2
Scott Simpson, is a Tax Manager at Katz, Nannis + Solomon, P.C. If you have any questions or would like to speak with one of our tax professionals, please contact our office at 781-453-8700