Journel Accounting & Tax Services

Journel Accounting & Tax Services offering FinCEN BOI
January 1 deadline approaching for reporting Beneficial Ownership Information.

Are you one of one of millions of business owners who are affected by the Corporate Transparency Act (CTA)? If so, you may be required to report Beneficial Ownership Information (BOI) to Treasury’s Financial Crimes Enforcement Network (FinCEN). FinCEN has launched a nationwide public service campaign to bring this information to potentially impacted business owners. It is imperative that you are aware of the FinCEN reporting requirements and know where to access additional information. Failure to file (timely or at all) may result in hefty penalties.

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https://www.bbc.com/news/business-64159452

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