How Will FinCEN's BOI Reporting Impact Your Business?
🚨 Important Update for U.S. Corporations! 🚨
It is essential for every C-Corp, S-Corp, and LLC to file the Beneficial Owner Information (BOI) form with FinCEN. This update is crucial for all U.S. corporations, and non-compliance may result in a penalty of $10,000.
🔹 Who Needs to File? - If your company has owners holding over 10% interest, this is a must-watch! 🔹 DIY Filing Tips: - Filing is simple, secure, and free of charge. It takes about five minutes to complete the BOI form. Fincen has a friendly-website with an explainer video 👉 https://www.fincen.gov/boi to submit yourself.
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