Ready for one more thing to add to your business to-do list? Brace yourself! A new filing requirement is coming your way, and trust us, you don't want to miss the deadline.
This episode is all about the Beneficial Ownership Information (BOI) report, enforced as part of Congress’s Corporate Transparency Act to discourage shell corporations and hidden funds. But do not stress, we unpack everything you need to know about this potentially intimidating obligation.
We explain the BOI report, its purpose, who must file it, and when. It's not just about understanding the report; it's about knowing how to handle this new obligation. We also talk about what this shift means for you as a business owner, whether you're planning to start or already running a business.
Let’s navigate this together and make sure you’re on top of these changes to avoid any pitfalls. Tune in, and remember, knowledge is power!
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