Are you ready to navigate the complexities of Beneficial Ownership Information (BOI) filing and ensure your clients stay compliant?
FinCEN estimates 32.6 million entities need to file BOI reports in 2024. As of April 30, over a million reports have been submitted – as we approach the end of the year, it's essential for firms and accounting professionals to understand the implications, opportunities, and risks associated with BOI filings.
Learn more about BOI reporting requirements. We discuss topics including the latest developments in legal challenges, recent FinCEN FAQ updates, and how to navigate potential complexities as business owners face a critical deadline to comply with federal CTA and BOI filing reporting requirements, which carry potential civil and criminal noncompliance penalties.
Learning Objectives:
- Understand CTA and BOI filing requirements, including the latest legal challenges and FAQ developments.
- Identify BOI filing opportunities and risks and how to navigate them effectively to benefit your clients.
- Explore key considerations and best practices as we approach the end of the year, ensuring your clients are well-prepared and compliant.
