#ComplianceTips – BOI Reporting Pros

Understanding Beneficial Ownership Reporting: FinCEN’s Bilingual Outreach in Puerto Rico

Have you heard about the new beneficial ownership information reporting requirements? If you run a business in Puerto Rico, you might be wondering what they mean for you. The Financial Crimes Enforcement Network (FinCEN) recently held an outreach event in San Juan, conducted entirely in Spanish. This event focused on educating businesses about these reporting […]

BOI Reporting

Keeping It Accurate: Reporting Changes and Fixing Errors in Your Beneficial Ownership Information Report

BOIR Webmaster / February 20, 2024

The Beneficial Ownership Information Reporting Rule requires certain businesses to disclose information about their ultimate owners. But what happens if your initial report contains inaccuracies or ownership changes occur after filing? This post guides you through the process of reporting changes and fixing errors effectively. Understanding Your Obligation: Remember, the rule mandates reporting both initial