73. Why You NEED to Submit a BOI Report Before December 31

Today’s episode is a little different. Lisa Whitman is joining us to help shed light on the Beneficial Ownership Information Report. You may not know about this report or that anyone that has an LLC or corporation needs to file it based on the requirements of the Federal Corporate Transparency Act. This law was enacted in 2021 but went into effect January 1st, 2024 under the Financial Crimes Enforcement Network. If you don’t file this form for your LLC or corporation, you could be subject to a $10,000 fine. Lisa is a Former Miss Rodeo USA, she grew up on a ranch and farm, and she’s an attorney with over 25 years of experience practicing in Oklahoma and Texas. She also created Morgan Wyatt, a business service company that is currently helping businesses file their Beneficial Ownership Information Report form. This form needs to be filed by December 31st, 2024, but don’t panic! In this episode, Lisa helps us navigate where to file, who can help you file, reasons you might have to re-file, and what scams to avoid. Resources & Links:TrelloJoin The Directory Of The WestGet our FREE resource for Writing a Strong Job DescriptionGet our FREE resource for Making the Most of Your InternshipEmail us at [email protected] the Of The West Email ListList your jobs on Of The West Connect with Lisa WhitmanMorgan Wyatt website Connect with Jessie:Follow on Instagram @ofthewest.co and @mrsjjarvFollow on Facebook @jobsofthewestCheck out the Of The West websiteBe sure to subscribe/follow the show so you never miss an episode! Mentioned in this episode:Raising a champion takes more than feed. It’s work, time, and passion. Purina Equine Feed