Updating Corporate Transparency Act Reports
- Does a reporting company need to file a new beneficial ownership report each time it registers to do business in a new state?
- Does converting from one entity type to another (e.g., corporation to LLC) require filing a new beneficial ownership report with FinCEN?
- What if information on a previously submitted BOI report has changed or a mistake was made?
- Do we need to correct previously submitted inaccurate information to FinCEN? Are we required to correct a prior BOI filing?
- What is the procedure for rectifying inaccuracies in a report?
- What events require me to file an updated beneficial ownership information report?
- What should I do if previously reported information changes?
- Is there an annual requirement to report Beneficial Ownership Information?