BOI Alert from FinCEN ⚠️Whoa…BOI, Here We Go Again My My … 🎶🎵🎹🎷 Another Update 1/28/2025 AM

Weekly Takeaway:  No good deed… I know we tax and accounting professionals need to stay updated but I am NOT looking to get whiplash.  Beneficial Ownership Information (BOI) reporting news has come in fast and slow over the past months; we and our clients are questioning “what do we have to do now” and “what is the actual deadline” .  I am glad that my firm has been proactive, keeping…  Read more

Whoa…BOI, Here We Go Again My My … 🎶🎵🎹🎷 – Sung to the Tune of Mama Mia

Whoa, BOI…Oh NO Here We Go Again… Beneficial Ownership Information (BOI) reporting requirements are covered in the Corporate Transparency Act (CTA); P.L. 116-283. FinCEN has estimated that 32 million small businesses would have to file BOI reports. BOI in the BOX I was all set to schedule my post about Tax Strategies for Financial Growth and Quality of Life, when we received news that the Supreme Court has lifted the…  Read more

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