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Small Business News
July 16, 2024 –
Starting January 1st 2024 the Financial Crimes Enforcement Network began collecting Beneficial Ownership Information reports. This year, tens of millions of small business owners will need to report information about their Beneficial owners due to this new Federal Requirement. Fines are steep, up to $591/day, $10,000, and 2 years jail time. Do I need to file? Find out for free here. File for free at FinCen.gov or File with professional support at CTABOIFile.com
Contact for more information
Cierra Loth, CTA-BOI Ambassador, 10777 West Beloit Road Greenfield, WI 53228, (414)545-1890, www.hammernikassoc.com
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Greater Greenfield Community Chamber
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PO Box 20591 Greenfield WI 53220
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