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Workshop

Workshop: Filing a Beneficial Ownership Interest (BOI) Report

Scottsbluff

Date:
Time:
1:30 pm – 2:30 pm MST
Panhandle Research and Extension Center
4502 Avenue I
Scottsbluff NE 69361-4939
Target Audiences:
Contact:
Jessica Groskopf, jgroskopf2@unl.edu
Nebraska Extension invites you to attend a workshop on filing a Beneficial Ownership Interest (BOI) report on November 13 from 1:30 to 2:30 p.m. at the Panhandle Research, Extension, and Education Center, located at 4502 Ave.I, Scottsbluff.

In 2021, Congress enacted the Corporate Transparency Act (CTA), requiring companies—including many farms and ranches—to report their beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN). Companies formed or registered before January 1, 2024, must file their reports by January 1, 2025. Noncompliance can result in significant penalties for willful violations.

The CTA applies to all entities created by filing with a state secretary or similar office, including limited liability companies (LLCs). However, sole proprietorships, joint ventures, and general partnerships are generally exempt from BOI reporting unless they were formally registered in the U.S.

During the workshop, Nebraska Extension Educator Jessica Groskopf will guide attendees through the process of filing a BOI report, providing essential information for compliance.

This program is free to attend, but registration is encouraged. To register, please call the Panhandle Research, Extension, and Education Center at 308-632-1230.

Join us to ensure your business meets the new reporting requirements and stays compliant!

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This event originated in Center for Agricultural Profitability.