2023 Corporate Transparency Act Informational Webinar hosted by the Iowa Secretary of State's Office

[@ShirleeHaw]

Does a Sole proprietary S Corp business need to file?

[@IowaSOSPaulPate]

Our office cannot advise you on whether you need to file a BOI report with FinCEN. Please visit FinCEN's BOI webpage, www.fincen.gov/boi , for more information. Additionally, FinCEN has issued a Small Entity Compliance Guide, which may be helpful, www.fincen.gov/boi/small-entity-compliance-guide.

[@bestcasewines2115]

Has anybody in the entire state actually tried to watch this entire video? I tried to file my report, multiple times, through many different links, and none of the links that I could find works. I am a legitimate (very) small business just trying to fulfill requirements laid out. It would be really nice if the State of Iowa would provide timely guidance and easy ways to show how to comply with requirements, or, if bureaucratic avenues are having problems, an explanation of problems and suggestion of how to navigate difficulties. As it stands, this is a tangled web of regulation that nobody seems to know how to file. Dumb.

[@IowaSOSPaulPate]

You will need to go on FinCEN's website to file your BOI report online through their electronic filing system. Please visit www.fincen.gov/boi to find the electronic filing system.

[@chuckaldrich2606]

I am a sole proprietor LLC. Do I have to file?

[@IowaSOSPaulPate]

Our office cannot advise you on whether you need to file a BOI report with FinCEN. Please visit FinCEN's BOI webpage, www.fincen.gov/boi , for more information. Additionally, FinCEN has issued a Small Entity Compliance Guide, which may be helpful, www.fincen.gov/boi/small-entity-compliance-guide.

[@GailJohnson-b8c]

Where are the forms located? Is this something the tax preparer can do?

[@IowaSOSPaulPate]

Beneficial Ownership Information reports are to be filed electronically through FinCEN's BOI webpage, www.fincen.gov/boi. You are encouraged to visit the webpage for additional information as well.

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