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CTA: LLC reporting to Fincen

first posted: 2024-01-04 03:19:29.532290

As kindly reminded by Sovereign Man, a new beneficial ownership reporting requirement to Fincen is demanded in 2024.

FINCEN is a division of the US Treasury, it gives more details about the new online procedure here. It appears to me that at the moment, the new declaration is currently a one off initial online report, or at BOI change.

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For foreign owners, this requirement is lighter but duplicates with the annual Foreign Owned Disregarded Entity LLC reporting to IRS which is required since 2016.

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