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How Will FinCEN's BOI Reporting Impact Your Business?
🚨 Important Update for U.S. Corporations! 🚨
It is essential for every C-Corp, S-Corp, and LLC to file the Beneficial Owner Information (BOI) form with FinCEN.
This update is crucial for all U.S. corporations, and non-compliance may result in a penalty of $10,000.
🔹 Who Needs to File? - If your company has owners holding over 10% interest, this is a must-watch!
🔹 DIY Filing Tips: - Filing is simple, secure, and free of charge. It takes about five minutes to complete the BOI form. Fincen has a friendly-website with an explainer video 👉 https://www.fincen.gov/boi to submit yourself.
CryptoTaxAudit is here to guide you through these changes, providing strategic advice to protect your investments and ensure compliance.
For personalized crypto tax strategies! 👉 https://www.cryptotaxaudit.com/crypto-tax-consultation?afmc=yt
Tax Shield: Everything You Need, All in One Package 👉 https://www.cryptotaxaudit.com/taxshield?afmc=yt
📣 Host: Clinton Donnelly 👉 Twitter: https://x.com/CryptoTaxFixer
📚 https://www.cryptotaxaudit.com/blog?afmc=yt
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Disclaimer: This video is for informational purposes only and is not financial or tax advice. Please consult with a professional financial or tax advisor before making any decisions based on the content of this video.
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