Understanding beneficial ownership reporting with Andrea Parness

Bonnie Yam welcomes Andrea Parness to discuss beneficial ownership information (BOI) reporting. Andrea explains who must report BOI, deadlines, and potential consequences. They also cover tips for managing multiple entities and updates for new businesses in 2024. The episode concludes with advice on consulting experts and a preview of the next episode.

(0:00) Introduction to the podcast and today's topic with guest Andrea Parness
(1:18) Andrea Parness's background and overview of beneficial ownership information (BOI) reporting
(4:16) Details on who needs to report BOI and what information is required
(11:48) Deadlines and consequences for BOI reporting
(17:26) Tips for managing multiple entities and updates for new businesses in 2024
(26:57) Consulting with experts and engaging with the podcast
(27:28) Preview of next episode and closing remarks