Come to Congresswoman Velázquez’s Event About a New Requirement for Small Businesses 

Join Congresswoman Nydia Velázquez and U. S. Treasury Under Secretary for Terrorism and Financial Intelligence Brian Nelson for a small business outreach event Friday, August 2, 2024 from 10 – 11 AM.

Learn what you need to know about the Corporate Transparency Act and the new requirement for many small businesses to register Beneficial Ownership Information with FinCEN by year’s end.Small businesses in the Congresswoman’s district https://velazquez.house.gov/about/our-district are encouraged to attend.

Space is limited, so register now. RSVP here: https://forms.office.com/g/TJ5aCu1bdU 

Explanation:

The Corporate Transparency Act is a bipartisan law that targets foreign and domestic criminals who have been exploiting weak laws to engage in illegal activities through anonymous shell companies. Many companies, including small businesses, are required to report their Beneficial Ownership Information (BOI) to FinCEN, the Financial Crimes Enforcement Network, a bureau of the U.S. Department of Treasury. This requirement is to promote transparency around the real people behind corporate entities. Reporting companies created/registered before 2024 have until January 1, 2025 to report beneficial ownership information to FinCEN.

This event is designed to explain the purpose and process to small businesses and get your questions answered.

It’s in person and capacity is 60 seated, so RSVP ASAP. 

Location:
LaGuardia Community College
31-10 Thomson Ave (E Building)
Long Island City, NY 11101

Date:
August 2, 2024
10:00 am – 11:00 am 

If you have any questions please contact Leah Archibald.