Many businesses are now required to report their Beneficial Ownership Information (BOI) to the Financial Crimes Enforcement Network (FinCEN) under the Corporate Transparency Act (CTA), following recent federal court action lifting an injunction on the Department of the Treasury. Businesses must file by March 21, 2025 to be compliant.
The U.S. Chamber of Commerce has created an informational website and one-page guide document that walks through the steps businesses must take to comply with the CTA. Click here to access the website and click here to download the one-page guide document.
To ensure you have the most accurate and up-to-date information, please visit https://fincen.gov/boi. This site provides official guidance on BOI reporting, including who must file, how to file, and what information is required.
We also recommend signing up for email or SMS/text notifications through the link on the left side of the FinCEN BOI page to receive real-time updates about any changes or new requirements.