Small Business Majority submits written testimony to House Small Business Committee on FinCEN’s BOI reporting requirement

Friday, April 26, 2024

On April 26, Small Business Majority submitted written testimony to the U.S. House Committee on Small Business underscoring the importance of prioritizing outreach and education efforts to the small business community to ensure they are equipped with the knowledge and resources necessary to comply with the new Beneficial Ownership Information (BOI) reporting requirement established by the Corporate Transparency Act (CTA). For more information, check out our recent research and blog on the requirement.