Answering Your Questions About BOI Reporting: What Business Owners Need to Know скачать в хорошем качестве

Answering Your Questions About BOI Reporting: What Business Owners Need to Know

Get $100 when you sign up for a new Relay account and fund it with at least $100! To learn more, go to https://www.claracfo.com/relay BOI Resources: File your report for FREE: https://www.fincen.gov/boi BOI FAQs: https://www.fincen.gov/sites/default/... BOI Small Compliance Guide: https://www.fincen.gov/sites/default/... Got questions about Beneficial Ownership Information (BOI) reporting under the Corporate Transparency Act? In this video, Hannah answers your top questions about who needs to file, what counts as beneficial ownership, and how to handle complex structures. Plus, learn what to do if you make a mistake and how to avoid penalties. Don’t miss this essential guide for small business owners preparing for the January 1, 2025, BOI deadline! Videos we mentioned: BOI Reporting Example:    • BOI Reporting for Small Business Owne...   BOI Reporting - What you need to know:    • BOI Reporting - What you NEED to know...   In this video you will find: 00:00 - Intro 01:05 - What is Beneficial Ownership Reporting? 02:30 - Who Needs to File BOI Reports? 04:15 - What is a Reporting Company? 06:00 - Who is a Beneficial Owner? 09:30 - Exclusions from Beneficial Ownership Reporting 12:15 - Understanding Substantial Control 15:00 - Ownership Interest Explained 17:10 - Complex Corporate Structures 20:00 - Intermediate Holding Companies & Reporting 21:03 - Correcting BOI Reporting Errors 22:09 - When to Seek Professional Help 22:55 - Final Thoughts and Sharing the Deadline To learn more about CFO services for B2B services providers making over $1M in annual revenue, go to: https://claracfo.com/cfo-services/ 💲 Need an accounting system? We use Quickbooks Online with clients and recommend it as the best accounting system for small businesses. Sign up to get a discounted subscription for 12 months! https://claracfo.com/QBO 🙋‍♀‍Got Employees? Talk to ADP! They can help you if you are a small business owner or an accountant or advisor who works with small businesses. Learn more here: https://claracfo.com/adprun 💸Pay vendors any way they want and get paid faster! Accept credit cards without paying merchant fees! Melio is a fantastic payments solution for every small business! https://claracfo.com/melio (As an affiliate or referral partner for these companies, I may earn rewards from qualifying purchases) Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/ Important disclosures: Relay is a financial technology company, not a bank. Banking services and FDIC insurance are provided through Thread Bank, Member FDIC. The Relay Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa® debit cards are accepted. *The interest rates and annual percentage yield on your account are accurate as of 05/16/23 and are variable and subject to change based on the target range of the Federal Funds rate. APY will vary between 1-3% depending on the balances held. Earn 1% APY on savings balances of less than $50,000, 1.5% APY on savings between $50,000 and $250,000, 2% APY on savings balances between $250,000 and $1,000,000 and 3% APY on savings balances of more than $1,000,000. There are no minimum balances or minimum deposits required to earn interest on your account. Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience. CODE: MB01XK3YKFWKPSM