New Federal Reporting Requirement Affects Businesses Starting January 1, 2024

Aviva Gordon, Esq. • December 8, 2023
Aviva Gordon IMPAC

This article is written by Aviva Gordon, Esquire, Legislative Committee Chair, Henderson Chamber of Commerce

Starting on January 1, 2024, essentially all small businesses (including single member limited liability companies and single shareholder corporations) will have to file Beneficial Ownership Information (BOI) with the Federal Financial Crimes Enforcement Network (FinCEN). This is true for existing businesses as well as newly formed businesses. Existing businesses will have to file before January 1, 2025 and businesses formed between January 1, 2024 and January 1, 2025 will have to file within 90 days of formation. Companies formed after January 1, 2025, will have to file within 30 days of forming the business. Essentially, all businesses with fewer than 20 employees– including non-profit corporations without 501(c)(3) status, are required to file and the failure to file or provide correct information may be subject to daily civil penalties of $500 and/or criminal penalties of imprisonment of up to two years and a fine of $10,000.


The Henderson Chamber of Commerce is committed to keeping our membership informed, ensuring they are up to date with the latest requirements, and providing support in navigating this regulatory landscape. Trust that we will keep abreast of any developments and promptly communicate pertinent information to our valued members.


Click on the image below to learn more about the new federal reporting requirement for Beneficial Ownership Information. You can also read more about the impact of this regulation here: Corporate Transparency Act — What You Need to Know (uschamber.com)

BOI Brochure

Man in blue suit, yellow patterned tie, smiling. Blue background.
January 8, 2026
Henderson Chamber CEO Scott Muelrath discusses the 2026 economic outlook and business stability in a recent Las Vegas Business Press interview.
guide to employment issues from federal government
By Brownstein Hyatt Farber Schreck, LLP December 12, 2025
This article is written by Amanda Brookhyser, attorney at Brownstein Hyatt Farber Schreck, LLP .
By Tivoli Village December 8, 2025
 The holidays are all about giving, joy, and creating unforgettable memories and Tivoli Village is the perfect place to do just that! This December, we’re thrilled to host two incredible events that bring our community together in the spirit of generosity and celebration: Toys for Tots. Mark your calendars and join us for these heartwarming experiences! On Friday, December 12, from 4:30 PM to 7:00 PM, Gunny Bear is all “wrapped up” in the holiday spirit, and we invite you to join him in spreading hope and joy to children in need. This magical evening will be filled with festive fun, including live music to set the holiday mood, photos with Santa for the perfect seasonal keepsake, and a chance to meet the UNLV Rebel Hockey Team along with members of the Marine Corps. Bring a new, unwrapped toy to donate and help light up the holidays for families in need. As a thank-you for your generosity, you’ll receive $5 off a UNLV Rebel Hockey ticket, a little extra cheer for your holiday season! Don’t miss this opportunity to give back while enjoying music, community, and the magic of the holidays at Tivoli Village. Tivoli Village is a captivating blend of European elegance and contemporary lifestyle, where every moment becomes a celebration. From dancing in the streets with loved ones to exclusive events in The Piazza with friends and family, we curate an unrivaled experience. Discover our carefully selected retailers, ranging from luxurious brands to one-of-a-kind boutiques, anchored by Restoration Hardware’s RH Las Vegas. Indulge yourself in enticing restaurants for a girls’ night out at Echo & Rig Butcher and Steakhouse, savor late-night drinks and cigars with the boys at La Casa, or work out at Tivoli Village’s exclusive upscale members-only gym, Kilo Club. For more information, visit https://tivolivillagelv.com or follow along on Instagram and Facebook.
Nevada state flag waving in a cloudy sky; blue field, gold star, and green wreath.
December 5, 2025
From testifying on key bills to monitoring policy shifts—here’s what we tracked and why it matters.
Nutcracker Night Market
By Tivoli Village November 29, 2025
As December unfolds, Tivoli Village transforms into a shimmering holiday destination just 15 minutes from the Las Vegas Strip.
how to avoid banking security threats
By Clark County Credit Union November 15, 2025
Quick Summary Online banking security is crucial as cyber threats grow. Top threats include spoofing, malware, public Wi-Fi risks, and weak passwords. CCCU shares essential tips on how to protect your finances. In today’s fast-paced digital world, online banking security is more important than ever. While digital banking offers unmatched convenience, staying vigilant ensures a safe and secure banking experience. Here are the top four online banking security threats and tips to avoid them: 1. Spoofing Scams Spoofing happens when fraudsters manipulate caller IDs, email addresses, or websites to appear as legitimate companies. Their goal is to steal your bank information by asking you to click links or answer questions pertaining to your bank account or login credentials. Tip: If in doubt, directly reach out to your financial institution using their official contact details. 2. Malware and Viruses Malware can infect devices, putting your personal and financial data at risk. Cybercriminals often use malicious software to steal banking details and exploit sensitive data for their own gain. Tip: Regularly update your devices and install trusted antivirus and anti-malware software. Older devices may not accept current updates, making them a risk. 3. Public Wi-Fi Vulnerabilities Public Wi-Fi networks are often unsecured, making it easy for hackers to intercept data. Tip: Never access your online banking account on public Wi-Fi. Use a secure, private network or a virtual private network (VPN). 4. Weak or Reused Passwords Using simple or reused passwords increases the risk of unauthorized access to personal and financial accounts. Tip: Create strong, unique passwords for each account. Use a combination of upper and lowercase letters, numbers, and symbols. Additional Safety Tips: Enable multifactor authentication (MFA) for extra security. Download banking apps from verified sources only. Monitor your accounts regularly for suspicious activity and set up account alerts. Log out after every session, especially on shared devices. Conclusion Protecting your online banking security starts with staying informed and proactive. Remember that knowledge is key to safeguarding your finances, so always verify unexpected messages or calls and think twice before clicking any links. CCCU offers resources to help you fight fraud and scammers; visit www.ccculv.org/Fraud-Protection or call us at 702-228-2228 to report any fraudulent transactions.
Planning and Zoning
By Brownstein Hyatt Farber Schreck, LLP November 7, 2025
Highlighted here are a few of the enrolled bills affecting local government zoning and planning, which serve as the gatekeepers to commercial development.
Woman working on laptop, smiling in a bright room with window and plant.
By Select Health October 27, 2025
We’re Select Health, a nonprofit health plan that loves small businesses. That’s why we’ve spent the last 40 years offering affordable health benefits to businesses.
PR is your secret weapon in the age of ai
By GYC Vegas October 17, 2025
Today, that’s changed – people are relying more on AI tools and large language models (LLMs) like ChatGPT, Perplexity, and Google’s AI Overviews.
Five men in suits, holding awards, smiling, in front of a black backdrop.
October 14, 2025
Honoring a Chamber Leader Whose Commitment to Community Is Reshaping Southern Nevada