PSA: If you own a business in the US, even a single-member LLC like me, you need to file a beneficial information report by Jan 1. It's a new FINCEN reporting requirement that has been very poorly publicized but is still necessary. It's a very simple form if your business was formed before 2024, and I recommend getting a personal FINCEN id first before filling out the form, which will also give you a reporting company FINCEN id after you successfully submit. Getting those ids is important for future edits. Whole thing took me 5 minutes. Annoying but worth it to avoid future headaches. Everyone with either "substantial control" or more than a 25% stake in the entity needs to be included (and should get their personal FINCEN ids first)

I randomly learned about it like 6 months ago from a tweet or something, and then more recently my CPA told me I needed to do this, and it's a real thing. Just very poorly publicized.

Disclaimer: Not a lawyer or CPA... check for yourself.

PSA: If you own a business in the US, even a single-member LLC like me, you need to file a beneficial information report by Jan 1. It's a new FINCEN reporting requirement that has been very poorly publicized but is still necessary. It's a very simple form if your business was formed before 2024, and I recommend getting a personal FINCEN id first before filling out the form, which will also give you a reporting company FINCEN id after you successfully submit. Getting those ids is important for future edits. Whole thing took me 5 minutes. Annoying but worth it to avoid future headaches. Everyone with either "substantial control" or more than a 25% stake in the entity needs to be included (and should get their personal FINCEN ids first)

I randomly learned about it like 6 months ago from a tweet or something, and then more recently my CPA told me I needed to do this, and it's a real thing. Just very poorly publicized.

Disclaimer: Not a lawyer or CPA... check for yourself.

https://www.fincen.gov/boi

Blogger at ribbonfarm.com, running summerofprotocols.com, host of /gloom ☀️

Aurarchitect for /opacity --
host of vibe check podcast 
▶️ https://pods.media/vibe-check
❄️ icebreaker.xyz/dawufi
👀 seemore.tv/free/fc/dawufi

If this counts as alpha for you your business is in trouble