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[+] AVANZE - Michael Rosing/IL (5 replies)
12/3/2024 2:00:51 PM (815 views)

[+] Pristine Title Services, LLC non-payer - Patty Baber/CA (4 replies)
11/26/2024 11:36:24 AM (744 views)

[-] Do you have an LLC? most LLCs are now required to do a BOI report. - Denise. Williams./MO (29 replies)
11/25/2024 8:55:38 AM (1027 views)

For the vast majority of LLCs (about 32 Million), you are required to complete a new reporting requirement by end of year.

The implementation of the Corporate Transparency Act (CTA) of 2021 was effective January 1, 2024. This legislation aimed at combating Money Laundering, is under the jurisdiction of the U.S. Treasury Department in the Financial Crimes Enforcement Network (FINCEN) and requires the reporting of Beneficial Ownership Information 
(BOI).


You can review the website:  https://www.fincen.gov/boi in order to learn about this new requirement. There are some industry/company exemptions from this reporting requirement:  https://www.fincen.gov/boi-faqs#C_2 . The FAQ page is a great place to get started. The key points to make note from the website (and FAQ) are the exempted businesses, the 90 day reporting requirement for businesses formed in 2024the January 1, 2025 deadline for businesses formed prior to this calendar year, and starting in 2025, a 30-day reporting requirement. For more complex businesses or those with complex ownership arrangements should consult their business attorneys. when in doubt, you should consult a business attorney.  Source: SCORE/SBA

 -Denise Williams of RDS -

Your Technology Partner for the Title Abstract & Search Industry 

 

 

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Fines for non-compliance - James Powell/MI
11/25/2024 10:25:36 AM (537 views)
Re: Fines for non-compliance - Denise. Williams./MO
12/2/2024 9:35:13 AM (344 views)
Re: Fines for non-compliance - Randi Erickson/MN
12/17/2024 12:41:12 PM (363 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Randi Erickson/MN
12/11/2024 12:13:24 PM (264 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - James Powell/MI
12/11/2024 12:32:07 PM (264 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Randi Erickson/MN
12/11/2024 12:48:12 PM (660 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Randi Erickson/MN
12/11/2024 12:49:05 PM (278 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Robert Franco/OH
12/11/2024 1:16:02 PM (572 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Denise. Williams./MO
12/11/2024 1:28:36 PM (718 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Randi Erickson/MN
12/11/2024 1:31:44 PM (386 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Michelle Smith/MO
12/17/2024 12:23:54 PM (247 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Michelle Smith/MO
12/17/2024 12:23:57 PM (254 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Denise. Williams./MO
12/23/2024 12:21:53 PM (239 views)
New FinCEN BOIR reqs. in effect - Denise. Williams./MO
12/24/2024 9:38:28 AM (444 views)
Re: New FinCEN BOIR reqs. in effect - Denise. Williams./MO
12/30/2024 9:09:45 AM (197 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Laura Bistok/PA
12/23/2024 6:31:05 PM (197 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - george Hubka/MI
12/23/2024 9:33:51 PM (226 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Laura Bistok/PA
12/23/2024 6:31:07 PM (215 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Laura Bistok/PA
12/23/2024 6:31:09 PM (216 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Laura Bistok/PA
12/23/2024 6:31:11 PM (219 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Laura Bistok/PA
12/23/2024 6:31:12 PM (224 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Laura Bistok/PA
12/23/2024 6:31:14 PM (232 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Denise. Williams./MO
12/24/2024 9:41:26 AM (299 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Denise. Williams./MO
12/30/2024 9:09:11 AM (229 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Helga Hinck/NH
1/10/2025 3:08:23 PM (223 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Denise. Williams./MO
1/13/2025 9:23:57 AM (182 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Elizabeth Helman/PA
1/14/2025 10:56:48 AM (204 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Denise. Williams./MO
1/14/2025 11:12:13 AM (239 views)
Re: Do you have an LLC? most LLCs are now required to do a BOI report. - Denise. Williams./MO
1/30/2025 9:01:13 AM (98 views)

[+] Fintrust Title - Diane Sherrill/SC (2 replies)
11/20/2024 10:21:43 AM (533 views)

Direct Title Services - Good Payor - Naomi Backes/NC
11/18/2024 10:55:49 AM (623 views)




[+] Comment on "ALTA Foundation Donates $21K in Emergency Grants Following Hurricanes" - Source of Title/OH (1 reply)
11/18/2024 10:24:54 AM (329 views)

[+] SPECIFIC # OF YEARS SEARCH - Greg Bloom/VA (6 replies)
11/18/2024 9:07:38 AM (802 views)

Taimsq Technologies LLC non-payer - Patty Baber/CA
11/14/2024 2:29:52 PM (391 views)

[+] 100 yr Commercial Search Price - Saundra  Scott/MD (7 replies)
11/6/2024 1:31:34 PM (1209 views)

[+] Sending order to Vendor... - Denise Williams/MO (1 reply)
11/3/2024 10:16:55 PM (818 views)

[+] Lien search - Senthil Muniyandi/TX (4 replies)
10/30/2024 5:56:17 PM (918 views)

[+] New Search Order comes in... - Denise Williams/MO (3 replies)
10/27/2024 10:02:52 AM (1277 views)

[+] Some advice - Kara Foster-Morales/OH (1 reply)
10/19/2024 10:38:59 AM (1198 views)

[+] Notary signing agents thoughts - Amy Tatusko/VA (2 replies)
10/15/2024 6:24:31 PM (651 views)

[+] Top Ten Ways To Keep Clients Happy - Ben Wilczynski/PA (2 replies)
10/15/2024 2:45:39 PM (934 views)


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