Beneficial Ownership Reporting
Financial Crimes Enforcement Network (FinCEN) has published a Small Entity Compliance Guide to assist the small business community in complying with the beneficial ownership information reporting rule. Starting in 2024, many entities created in or registered to do business in the United States will be required to report information about their beneficial owners, the individuals who ultimately own or control a company, to FinCEN.
The link below will take you to the FinCEN’s Beneficial Ownership Information Reporting page. A pdf file of key questions is also below. If you have further questions, please contact Tricia Garcia at 620-584-5000.