• BOI Reporting Basics: What Every Small Business Needs to Know

  • Nov 19 2024
  • Length: 13 mins
  • Podcast

BOI Reporting Basics: What Every Small Business Needs to Know

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  • Summary

  • Are you really joing to jail?! Are $500/day penalties in your future??

    You can breathe a deep breath and know you'll be home for the holidays this season. This is a pretty basic filing that you may be able to finish faster than your favorite latte.

    In this episode, I provide an in-depth overview of the new Beneficial Ownership Information (BOI) reporting requirements effective from January 1, 2024. Learn who needs to file, deadlines, necessary information, and potential penalties. I also clarify common misconceptions and offer practical advice to ensure compliance. Perfect for small business owners and entrepreneurs looking to stay informed and compliant with the latest regulations.

    If you want even more in-depth information, including a full video walk-thru of the BOI filing system, check out the Empowered Entrepreneur Network at:

    Empowered Entrepreneur Network Site

    This site contains downloads, links, and videos on BOI and other hot topics related to small business owners. And it's FREE!!

    RESOURCES MENTIONED IN THE PODCAST:

    FILE Your Report HERE

    BOI Small Entity Compliance Guide

    BOI Reporting FAQs
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