The Lucy Ann Lance Show

David Stimpson and David Lacasse ~ Beneficial Ownership Information Report Deadline Approaching - A2Y Chamber Report

Episode Summary

December 23, 2024 ~ Lucy Ann Lance talks with David Stimpson, Managing Partner and David Lacasse, Attorney, Stimpson & Associates Law for this week's A2Y Chamber Report. One of the requirements of the Corporate Transparency Act is that small businesses must file a Beneficial Ownership Information Report (BOIR) to help combat financial crimes like money laundering and terrorist financing. The deadline is approaching and there are financial consequences if business owners fail to file.