Beneficial Ownership Information (BOI) Reporting: What You Need to Know boi reporting business tips corporate transparency act

BOI, or Beneficial Ownership Information Reporting, is now a must-do for most businesses. If you don’t follow the rules, you could face a $10,000 fine and up to two years in prison. Also, if someone breaks the BOI reporting rule on purpose, they could get a civil fine of $591 for each day...

Continue Reading...
How to File BOI Report With FinCEN? Step-By-Step GUIDE boi reporting llc

You're probably here because you need to file your BOI report. As a CPA, I understand the frustration and complexity of tax filings, but I'm here to simplify the process for you. So I've prepared and recorded a quick step-by-step video tutorial for you on how to file your BOI...

Continue Reading...
Small Businesses: Avoid Penalties with the New Corporate Transparency Act boi reporting corporate transparency act

Today, we're talking about the New Corporate Transparency Act, which affects most small business owners. It's also referred to as, BOI Reporting, which stands for Beneficial Ownership Information.

The stakes are very high with compliance as overlooking these regulations can lead to a significant...

Continue Reading...