Business Education Series: FinCEN Filing - What Small Business Owners Must Do

FinCEN Filing: What Small Business Owners Must Do

Recent changes under the Corporate Transparency Act (CTA) require many US small businesses (less than 50 employees) to report information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) about who ultimately owns or controls them.

Do you qualify as a "reporting company" under FinCEN? Are you in compliance for the January 1, 2025 deadline?

Join us with FinCEN Operations Chief, Phil Lam, for a virtual information session on the new Beneficial Ownership Information (BOI) reporting requirements:

✅ Who needs to file
🗓️ Critical deadlines
📝 How to file correctly
💡 Tips to avoid hefty penalties

This event is FREE to attend and will be hosted via Zoom. Pre-registration is required. Zoom link will be sent via email upon registration

About our speaker

Phil Lam
Beneficial Ownership Operations and Innovation Chief
Financial Crimes Enforcement Network (FinCEN)

Phil Lam leads the effort to enhance transparency of corporate ownership for the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. FinCEN safeguards the U.S. financial system by investigating money laundering, terrorism financing, and other financial crimes. With over 15 years of experience, Phil has worked as a management consultant, product development leader, and strategist. In 2013, he served on a White House initiative to promote trusted digital identities, where he led government investments in innovative technologies on strong authentication, identity verification, and privacy preserving architectures.

Phil holds a Bachelor of Science in Computer Engineering from Northwestern University and an MBA from Purdue University.

The Business Education Series is quarterly education workshop developed and presented by INCspire, the education foundation subsidiary of the Greater Reston Chamber of Commerce and is FREE to attend for all active chamber members.