The US Treasury Department, Financial Crimes Enforcement Network (FinCEN) is requiring many companies to report their company owners into a secure and non-public database (called Beneficial Ownership Information Report/BOIR), which only takes a few minutes. The required reporting was created to help the government protect our economic and national security, as corporate anonymity can put law abiding businesses at a disadvantage and can enable money laundering, drug trafficking, terrorism, and corruption. This is not a scam, and for required legal entities, a filing is due by January 1, 2025, or there can be monetary penalties. At Borden-Lombardi Realty, we don’t enable scams of any kind and whenever possible, we protect our Sellers and Buyers from trouble or costly problems. With award winning service and 50 years of experience, at Borden-Lombardi Realty, we stand tall above the rest. For peace of mind regarding your real estate, call Broker Liane L. (at 860-268-8115) or Broker Richard B. (at 860-463-8103) today!
