EDIT: I misspoke about this being an annual filing - it is a one-time filing, unless you need to update the ownership information.
This video breaks down the new small business filing requirements with FinCEN.
It covers all of the common questions:
0:00 - Introduction
3:45 - What are the new requirement for LLC in 2024?
4:41 - Who needs to file a BOI report? What is a Beneficial Ownership Investment (BOI) report?
Do all LLCs need to file BOI?
6:26 - Who is exempt from BOI filing?
8:06 - When do you file the BOI report?
9:07 - What happens if you don't file a BOI report?
9:45 - Who is included in the beneficial owner?
11:08 - What is a FinCEN ID number?
BOI small business entity compliance guide (shown in the video): www.fincen.gov/sites/default/...
FREE WORKSHOP: 5 Biggest Mistakes Business Owners Make With Their Accounting & Saving Taxes www.amandarussell.mba/5bigges...
Other videos to check out:
Sole Proprietor vs. LLC vs. S-corp: What are the TAX BENEFITS & DIFFERENCES: • Sole Proprietor vs. LL...
HOW DO I PAY MYSELF IN MY BUSINESS [PART 1]: • How To Pay Myself In M...
4 TAX SAVINGS STRATEGIES FOR OWNER PAYru-vid.com?q=ht...
[HOW DO I PAY MYSELF IN MY BUSINESS PART 2] • 4 TAX SAVING STRATEGIE...
HOW TO OVERCOME PROCRASTINATION • Procrastination In Bus...
THE EASIEST AND CHEAPEST WAY TO TRACK YOUR ACCOUNTING RECORDS (SOFTWARE VS. APPS VS. BOOKKEEPERS): • Best Way To DIY Your A...
S-CORPORATION CALCULATOR - When & How the S-corp Saves You Taxes! • S-Corporation Tax Calc...
File Your Taxes for FREE online with this DIY Tax Video Series:
- Choosing free way to file for federal and state: • Can I Really File My T...
- STEP-BY-STEP TUTORIAL: Filing your taxes for free in any situation • STEP-BY-STEP Tutorial:...
- STEP-BY-STEP TUTORIAL: How To File a 1099 Online For FREE • How To File Your Self-... -
- STEP-BY-STEP TUTORIAL: Home Office Tax Write-off - Worksheet for tracking • Home Office Tax Write-...
17 июл 2024