Join us for February’s i4Series event to learn about the Corporate Transparency Act, a pivotal legislation reshaping the business world through limited liability companies and corporations. On January 1, 2024, a new reporting requirement went into effect that requires millions of small businesses to file a Beneficial Ownership Information (BOI) Report with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). It’s an effort to prevent money laundering and other illegal illicit conduct.
Emily Bohan from the Kim, Lahey & Killough Law Firm will guide us through the intricacies of the act, providing comprehensive information on which businesses are affected and how to avoid the $500 per day fine for not meeting the reporting requirements for your business.