Beneficial Ownership Information: Who, What, and When?

By Christopher Olson, EA | October 27, 2024

Understanding Beneficial Ownership Information (BOI): What It Is, Filing Requirements, and Why You Need a Licensed Accountant The Beneficial Ownership Information (BOI) reporting is part of the U.S. government’s commitment to increasing transparency around business ownership. Under the Corporate Transparency Act (CTA), many companies must now disclose detailed information about their beneficial owners to the…