The Corporate Transparency Act (CTA) mandates that most U.S. entities must disclose information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN) by January 1, 2024. Due to the significant impact this will have on you and your client's compliance reporting, we're providing the following resources to you. We will continue to provide updates on any BOI filing requirements.
Frequently Asked Questions
These FAQs highlight the important provisions of the CTA and answers some common questions your clients may ask.
Client Frequently Asked Questions
This one-page resource will provide your clients with vital information to educate them of this new filing requirement.
Beneficial Ownership Information (BOI) Report Summary of Data Fields Chart
FinCEN has proposed a set of questions to be included in the BOI reporting form, which was published on January 17 in the Federal Register. This will be information that will need to be gathered from clients in order to prepare a BOI filing.