The Financial Crimes Enforcement Network (FinCEN) published a Small Entity Compliance Guide to assist the small business community in complying with the beneficial ownership information (BOI) reporting rule.  Starting in 2024, many entities created in, or registered to do business in, the United States will be required to report to FinCEN information about their beneficial owners—the individuals who ultimately own or control a company.  The Guide is intended to help businesses learn about and comply with the new reporting requirements.

Click here to view the Small Entity Compliance Guide

Learn more about BOI in this video.