From the IRS:
2. New requirement for most businesses beginning Jan. 1, 2024
Beginning on Jan. 1, 2024, many corporations, limited liability companies and other entities created or registered to do business in the United States must report information about their beneficial owners—the persons who ultimately own or control the company—to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN).
FinCEN.gov/BOI provides guidance to help the small business community understand these requirements and includes:
Contact FinCEN for more information and answers to any questions.
