Important Update: Beneficial Ownership Information Filing Requirement
As part of the Corporate Transparency Act passed in 2021, many businesses, including LLCs and real estate holding entities, are now required to file Beneficial Ownership Information (BOI) with the Financial Crimes Enforcement Network (FinCEN). Who Needs to File? FinCEN estimates that approximately 32 million entities, including the most commonly held businesses, LLCs, which are […]
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