As of January 1, 2024, many companies doing business in the United States must report information about their beneficial owners—the individuals who ultimately own or control the company—to the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). Additional information is available at fincen.gov/boi. Subscribe to FinCEN Updates for future guidance documents.

Here is a helpful 5 minute video on how to register: https://www.youtube.com/watch?v=GydCvfbKxPw

BE AWARE OF SCAMS:

FinCEN has learned of fraudulent attempts to solicit information from individuals and entities who may be subject to reporting requirements under the Corporate Transparency Act.

For more information and examples of scams go the Financial Crimes Enforcement Network website: https://fincen.gov/boi#:~:text=Do%20not%20send%20money%20in,or%20letters%20could%20be%20fraudulent.