NEW!! Beneficial Ownership Information reporting requirements
The US Government has created a new reporting requirement of Beneficial Ownership Information (BOI) within the Financial Crimes Enforcement Network (FinCen). Many companies are required to report information to FinCEN about the individuals who ultimately own or control them. FinCEN began accepting reports on January 1, 2024. Per AICPA and WICPA counsel, Breunig CPA, LLC cannot offer any advice, nor will we be able to assist in compliance with these new requirements. Our only purpose is to make you aware of these new requirements. Please see the attached brochure and use the website link below to access the brochure and additional information. If you have further questions, we advise you to research it or consult with an attorney.