In this episode, we explore the essential facts about Beneficial Ownership Information (BOI) that every small and medium sized owner needs to know!

We cover key filing deadlines, who must file a BOI report, and the serious penalties for non-compliance, including hefty fines and possible jail time.

We also discuss recent updates from FinCEN, the agency overseeing these regulations, and special considerations for disregarded entities. Whether your business is an LLC, partnership, or a corporation, this episode will help you navigate BOI requirements and stay compliant with federal regulations.

Tune in to learn how to protect your business and avoid costly mistakes!