Farm Credit East Presents Webinar on New Beneficial Ownership Information (BOI) Reporting RulesWebinar

Beneficial Ownership Information (BOI) reporting rules went into effect on January 1. This means most United States entities will need to identify and begin submitting information about their beneficial owners. To help Northeast agricultural producers remain compliant, Farm Credit East is hosting a free informational webinar on Monday, June 10 at 12:00 p.m. EDT.

In this webinar, Farm Credit East experts will discuss the requirements of BOI Reporting, including which entities are required to report and which are exempt, and how to determine beneficial owners. The webinar will also cover reporting timelines, necessary filing information, and the frequency of filing updated information.

The BOI webinar taking place on June 10 is free to attend. Register at FarmCreditEast.com/Webinars. Contact Chris Laughton at (800) 562-2235 or Chris.Laughton@farmcrediteast.com for more information.

Farm Credit East also authored a blog article in January regarding these new reporting requirements. Visit FarmCreditEast.com/TaxTalks to read this article.

Farm Credit East is a member owned cooperative with 24 locations in its eight-state service area. In addition to loans and leases, the organization also offers a full range of specialized financial services, such as tax preparation, payroll, record keeping, appraisal and consulting for farming, forest products and commercial fishing businesses. Farm Credit East is governed by a 16-person board of directors, comprised of 13 customer-elected, one customer appointed and two outside appointed directors. For more information, visit FarmCreditEast.com.