There has been a significant amount of confusion regarding the new and mostly unknown Beneficial Ownership Information (BOI) reporting requirements, so let’s get to the bottom of what it is and what you need to do to keep your business out of trouble. In 2021, Congress passed the Corporate Transparency Act (CTA), a law to help prevent financial crimes like money laundering, corruption and tax fraud. Among other things, the law requires certain business entities to disclose information about their owners, and those who control the business, to the Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Treasury.…
Posts published in July 2024
E-Verify is now mandated to be performed on all new employees in the state of Florida. Check out this webinar replay for all the information you need to know.
Looking for information on what to do for year end? Need information on Secure Act 2.0? Watch this webinar replay.