Be sure to READ THIS ARTICLE provided by Frascona, Joiner, Goodman and Greenstein, PC. Most entities need to file a report that includes reference to its beneficial owners with our federal government in an effort to prevent financial crimes, unless they are exempt. This includes LLC’s and entities that may be used for real estate investments. See the article for timing, but most should try to file the report before the end of the year. Failure to comply will result in significant civil penalties. Please note: The FinCEN website notes that they have learned of fraudulent attempts to solicit information from individuals and entities who may be subject to reporting requirements under CTA.
File your document here: https://www.fincen.gov/boi