Beginning on January 1, 2024, individuals who own and/or control companies (and company applicants) will need to comply with the Beneficial Ownership Information Reporting Rule of the Corporate Transparency Act, which requires certain information about the individuals that own and control companies to be reported to the Financial Crimes Enforcement Network (“FinCEN”) within the United States Department of the Treasury.  The information to be provided includes the individual’s name, date of birth, current address, and identification. Businesses also have to report the company’s legal name, trade names or DBAs, principal place of business, jurisdiction of formation, and IRS taxpayer identification number.