
S3 E7 “Special Holiday PSA” - New BOI Corporate Filing Mandates
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About this listen
Ready to sidestep hefty fines and potential jail time? Tune in as Anton Leftwich and Michel Dupoux equip you with vital insights on the Beneficial Ownership Information (BOI) filing requirements mandated by the Corporate Transparency Act of 2021. We unpack the critical need for compliance if you own an LLC, S-corporation, or other registered entities, particularly those set up prior to January 1, 2024. With the deadline looming on January 1, 2025, ignoring these new rules could cost you dearly. Plus, learn about the 23 company types exempt from this filing, like large operations boasting more than 20 employees and $5 million in reported revenue. This episode aims to demystify the process and highlight its importance in promoting transparency.
Don't let the fear of penalties hold you back. We make the BOI filing process clear and straightforward, ensuring your information remains confidential and only accessible to six authorized entities—not the public. Filing through the FinCEN website is free and takes just minutes, providing you peace of mind and a path to business growth. Our motivational call-to-action encourages you to act now and stay connected with us on platforms like Apple Podcasts, iHeartRadio, Spotify, and at our home, on HHN TV. As Thanksgiving approaches, we express our gratitude for your support and remind you to stay proactive and positive in your business endeavors. Join us in securing your financial success and compliance, all while avoiding unnecessary stress.
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