What You Need to Know about the BOI
As a business owner, staying abreast of new information and reports relevant to your industry can be a challenge. One such report recently released is the BOI or Business Ownership Information report. As of January 1, 2024, registered businesses like Limited Liability Companies and Corporations must file this report with the Financial Crimes Enforcement Network (FinCEN). We realize you might have questions, so here’s what your friendly accounting experts at Edgewater CPA Group want you to know.