Lee B Posted August 11, 2023 Report Share Posted August 11, 2023 "Effective January 1, 2024, the Corporate Transparency Act (CTA) will require certain types of companies, both domestic and foreign, that do business in the United States to report beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN). BOI reports will require reporting companies to identify the entity, company applicants, and its beneficial owners that control at least 25% of the ownership interest including name, birthdate, address, and an image of an acceptable identification document." An image of an acceptable identification document. I think I will inform my clients of the requirements and make my services available for an additional fee. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.