Planning ahead is essential to fully prepare your business for all end-of-year compliance requirements.
This typically means assessing business changes that may have triggered new compliance obligations and reviewing updates to legal and regulatory compliance. Many licenses and registrations expire on Dec 31, making it an ideal time for business license renewal. But, this year, it is also important to prepare to potentially file a Beneficial Ownership Information (BOI) report, which is required by the Corporate Transparency Act (CTA).