Your Assistant Bookkeeping LLC

New Rules for owners of Corporations, LLC’s, and other entities – more
to come..
This is to help cut down on the fraudulent businesses and fraudulent business
practices of people setting up shell companies to commit crimes.

EXISTING BUSINESSES: Starting Jan 2024 businesses that are already operating have one year to file business ownership information with the government

NEW BUSINESSES: You will be required to file within 30 days of establishing your business

There will be a website to do this reporting. As this approaches and more information is
available I will share what I learn.

Sharing parts of articles from different sources. .Follow links for full article and credit.
I am sharing this information for the benefit of small business owners to be on the lookout for information regarding their requirements in 2024.

Learn More about Beneficial Ownership Information Reporting Requirements
Website for More Information
https://www.fincen.gov/boi

Final Rule Fact Sheet
https://www.fincen.gov/beneficial-ownership-information-reporting-rule-fact-sheet