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Ohio Society of CPAs: Beneficial Ownership Information Update
April 06, 2024
COLUMBUS, Ohio, April 6 -- The Ohio Society of CPAs issued the following news:

The Ohio Society of CPAs and all state CPA societies joined an AICPA letter to FinCEN on April 3 raising concerns with the rollout of the Beneficial Ownership Information (BOI) reporting requirements.

The letter raises concerns regarding the Federal District Court ruling in Alabama (NSBA v. Yellen) on March 1 which found the Corporate Transparency Act (CTA - the law which underpins the FinCE . . .

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