BENEFICIAL OWNERSHIP INFORMATION REPORTING
Beginning January 1, 2024, new requirements are in place for U.S. businesses to report "beneficial ownership information" to the Financial Crimes Enforcement Network of the U.S. Treasury.
What is this about?
Many companies in the United States are now required to report information about their "beneficial owners," i.e. the individuals who ultimately own or control the company.
This information is reported to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Treasury.
How are we helping?
Below are some essential links to understand what Beneficial Ownership Information reporting is, who it applies to, and how to comply:
FinCEN Website
For all information related to Beneficial Ownership Information reporting requirements – including preparing to file and e-filing your report – follow this link to FinCEN: