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!

Pilot Episode: Welcome to The Business Edge with Nick Secord

In this debut episode, host Nick Secord introduces "The Business Edge", a podcast dedicated to helping business owners, entrepreneurs, and individuals use the power of tax strategies, accounting, and financial planning to elevate both their professional and personal lives. Nick shares his vision for the show, giving listeners a sneak peek into upcoming episodes that will cover everything from maximizing profits and minimizing taxes to creating financial freedom.

Get to know Nick as he discusses his journey as a successful accountant, CFO, and business coach, and why he’s passionate about empowering others to thrive financially. Whether you're looking to scale your business, optimize your tax strategy, or build personal wealth, this episode sets the stage for the actionable insights and expert guests that will help you gain the financial edge you need to succeed.