First National Bank is collaborating with
Wolters Kluwer to offer you BizFilings
Beneficial Ownership reporting solution.
As of January 1, 2024, the Corporate Transparency Act is in effect. Small businesses are required to file Beneficial Ownership Information (BOI) with FinCEN.
What is the Beneficial Ownership Information Report & the Corporate Transparency Act?
BOI reporting is part of the Corporate Transparency Act that Congress passed in 2021 to crack down on money laundering, financial terrorism, tax fraud, and other illegal acts. The BOI will contain personal identifying information about a company's beneficial owners that will be filed with FinCEN - the U.S. Department of Treasury's Financial Crimes Enforcement Network.
Beneficial Ownership Information Report Resources:
Use BizFiling's quiz to help determine your filing status. Walk through a series of questions designed to help businesses like yours understand their potential reporting status. Use our quiz to better understand your reporting status today.