The FinCEN website is now set up to accept reports through their secure electronic filing system. Visit the website: https://www.fincen.gov/boi.

As the CTA is not a part of the tax code, the assessment and application of many of the requirements set forth in the regulations, including but not limited to the determination of beneficial ownership interest, necessitate the need for legal guidance and direction. As such, since we are not attorneys, our firm is not able to provide you with any legal determination as to whether an exemption applies to the nature of your entity or whether legal relationships constitute beneficial ownership. We strongly encourage you to reach out as soon as possible to legal counsel with expertise in this area to assist your organization with the steps you need to take to ensure compliance with the CTA, if applicable.

Once you have contacted your attorney on the Beneficial Ownership Information, feel free to reach out to Mike and Jennifer to go over any other questions you may have.