Welcome to Demakis, Inc. CPA

Based on the passage of the Corporate Transparency Act many existing companies are required to report information about the individuals who own them. This is referred to as Beneficial Ownership Information (BOI) and if your company was created through a Secretary of State's office and is required to file an annual report this most likely applies to your company. It is informational and requires you to disclose the names of owners and shareholders and requires proof of identification such as a state issued drivers license or passport and needs to be completed by 12/31/2024. We have attached the link  to the Financial Crimes Enforcement Network (FinCEN) where you can file the report electronically. If you need assistance in filing either contact the attorney who created your entity or we can assist you after the conclusion of tax season.

https://www.fincen.gov/boi