The Corporate Transparency Act (CTA) includes an option for reportable beneficial owners to create a FinCEN ID account to hold their identifying beneficial ownership information (BOI). Reporting companies then include only the FinCEN ID on the company’s BOI Report, rather than the details themselves. The individual is responsible for keeping their identifying information up to date with FinCEN, rather than the company. Download
12/2025
Maintenance of FinCEN ID Personal Detail Following Interim Final Rule Changes to the Corporate Transparency Act – Lexology”
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George N. Harris, Jr.
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Jennie Cherry
