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beneficial ownership reporting

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beneficial ownership reporting

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Will Lacerte include the new FinCEN Beneficial Ownership Reporting with the 2023 tax return modules?  I am thinking this would be similar to FBAR reporting.

Status: New
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1 Comment
itonewbie
Level 15

FinCEN is only in the process of developing the system.  This is definitely a space to watch: https://www.fincen.gov/boi-faqs

14. How will I report my company’s beneficial ownership information?

If you are required to report your company’s beneficial ownership information to FinCEN, you will do so electronically through a secure filing system available via FinCEN’s website. This system is currently being developed and will be available before your report must be filed.

 

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