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⚠️ Attention Business Owners! ⚠️ Are you aware of the new Beneficial Ownership Information (BOI) reporting requirement from FINCEN? Failure to comply can result in severe civil and criminal penalties, including fines up to $591 per day and potential imprisonment!
In this informative video, we'll guide you through the BOI reporting process, explaining:
🔹 Who needs to report (corporations, LLCs, and other registered entities)
🔹 What information you need to provide (company details, beneficial owners' info, driver's licenses)
🔹 How to file the online form easily and keep proper documentation
🔹 Potential penalties for non-compliance, including willful violations
Don't let this crucial requirement slip through the cracks! Stay compliant and avoid costly fines by watching this comprehensive guide. We'll also cover future reporting obligations for any changes in company or ownership information.
Protect your business and stay ahead of the curve. Hit that like button, subscribe, and share this video with fellow business owners to spread awareness about this important FINCEN regulation.
For more details and instructions, refer to the FinCEN FAQs: www.fincen.gov...
File the report here: boiefiling.fin...
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