01/10/2024
Did you read about this new law? Every business owner now needs to prepare to file a business owner information report.
•Existing companies: Must file by January 1. 2025.
•Newly created or registered companies: Have 90 days to file after receiving actual or public notice registration is effective.
This is a great law being enforced by the U.S. Treasury FinCEN division. It will help safeguard the financial system, combat pyramid schemes, money laundering and other related crimes.