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Who owns that business?
That should be an answer that is easy for any business to provide. After all, don’t all employees know who the “big bos
s
” is? So, why on earth did companies balk at the Beneficial Ownership Information (BOI) requirement of the U.S. Corporate Tax Transparency Act? And why did it come to a screeching hal
t over a tweet? The twee
t that ended it all On March 1, 2025, Terrence K. Williams tweeted at Elon Musk, asking him to look into the BOI. Williams said, “I just received an email saying I must fill out Beneficial Ownership Information Report every