In this Business of Trucking segment, Certified Public Accountant John Turner will be discussing the Beneficial Ownership Information Report, or BOI Report. As you will hear, the BOI Report is part of the Corporate Transparency Act, which took effect on January 1st of 2024. In this episode, John will tell us which types of business entities are required to file a BOI Report, and John will also discuss the penalties, which include significant fines and jail time, for business owners who fail to file their BOI Report. If you are an owner-operator or small fleet owner with an LLC, this is a must-listen episode of the Business of Trucking Podcast.
John Turner is ready to help your business become more profitable. Do you need help with tax and business planning strategies that can drive savings to your bottom line? Do you need help with tax problem resolution issues? John and his team can help you and your business. Connect with John today by visiting jturnercpa.com.
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