SignalsAZ.com Prescott News Podcast - Many Businesses Must Report Beneficial Ownership Information to Treasury by Jan. 1

Episode Date: November 14, 2024

Send us a text and chime in!The Internal Revenue Service will sponsor a free one-hour webinar designed to help the many businesses that must report their beneficial ownership information to the Treasury Department’s Financial Crimes Enforcement Network. Because this is not an IRS or tax-related requirement, FinCEN representatives will conduct the webinar on this new anti-money laundering provision. The webinar will take place on Tuesday, Nov. 19, 2025, beginning at 2 p.m. ET. Many companies created or registered to do business before Jan. 1, 2024, must e-file their initial beneficial ownership information (BOI) to FinCEN by Jan. 1, 2025. This means reporting the names and other... For the written story, read here >> https://www.signalsaz.com/articles/many-businesses-must-report-beneficial-ownership-information-to-treasury-by-jan-1/Check out the CAST11.com Website at: https://CAST11.com Follow the CAST11 Podcast Network on Facebook at: https://Facebook.com/CAST11AZFollow Cast11 Instagram at: https://www.instagram.com/cast11_podcast_network

Text to Speech audio articles made possible by the Quest Grant at Yavapai College. Tuition-free industry recognized certificates for your career. The Internal Revenue Service will sponsor a free one-hour webinar designed to help the many businesses that must report their beneficial ownership information to the Treasury Department's Financial Crimes Enforcement Network. Because this is not an IRS or tax-related requirement, FinCen representatives will conduct the webinar on this new anti-money laundering provision. The webinar will take place on Tuesday,

November 19, 2025, beginning at 2 p.m. ET. Many companies created or registered to do business before January 1, 2024, must e-file their initial beneficial ownership information, B-OI, to FinCEN by January 1, 2025. This means reporting the names and other information about the people who own or controlled the company. Exceptions and special rules apply. During this free webinar, FinCEN will explain the Corporate Transparency Act. Provide beneficial ownership reporting resources. Analyze the Boy reporting requirement using the small entity compliance guide. Describe what happens if a company does not timely report Boy to FinCEN.

The webinar will also feature a live question-in-answer session. Though primarily aimed at tax professionals, anyone is welcome to attend. Certificates of completion will be offered, but no continuing education credits are available for this webinar. Closed captioning will also be offered. Time, 2 p.m., Eastern, 1 p.m., Central, 12 p.m., Arizona and Mountain, 11 a.m., Pacific, 10 a.m., Alaska, 9 a.m., Hawaii and Aleutian, time zones. Registration, visit the Internal Revenue Service website. Questions about the webinar can be directed to c.s.s.comfrence.comference.com at IRS.gov. For more information about the boy reporting requirement, including FAQs and a five-minute video illustrating how to file, visit FinG. Ken's boy page. Catch up with more business, finance, and technology news on signalsaz.com.

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