2025 FINCEN Reporting Deadline Approaches: What Businesses Must Know
The US Treasury has established a new beneficial ownership information reporting under the Corporate Transparency Act for businesses. The purpose of this report is to help prevent financial crimes such as money laundering, human trafficking and shell companies. This new rule also helps minimize the burden placed on small businesses and other reporting organizations. This training will provide a comprehensive outline of the BOIR reporting rule, what must be included in the report, and the specific categories of owners. SESSION HIGHLIGHTS: · An Overview of The FinCen Reporting Requirements for businesses · Learn about the new alert that was just released by the Financial Crimes Enforcement Network and how to protect your company · Who is required to file and critical upcoming deadlines · ...