WEDG Presents…FinCen – Beneficial Ownership Information Requirements for Small Business

WEDG is hosting Attorney Madeline Hartley to discuss the ins and outs of the FinCen requirement for many small businesses.
Effective January 1, 2024, many companies in the United States must report information about their beneficial owners—the individuals who ultimately own or control the company—to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. Filing is simple, secure, and free of charge. Beneficial ownership information reporting is not an annual requirement. Unless a company needs to update or correct information, a report only needs to be submitted once.
More information can be found here: https://www.fincen.gov/boi