Category: Uncategorized
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Important Update: Beneficial Ownership Information (BOI) Requirement – What You Need to Know
Dear Business Owners Starting January 1st,2024, businesses across the country must comply with the Beneficial Ownership Information (BOI) requirement under the Corporate Transparency Act. This new rule is designed to improve transparency and help prevent illegal activities, like money laundering and fraud, by revealing the individuals who ultimately own or control a business. What is…