12/24/2024
Attention Business Owners:
The Beneficial Ownership Information (BOI) report filing is essential to comply with the Corporate Transparency Act (CTA), which requires disclosure of company ownership (LLCs, Corporations, Partnerships, etc.). The filing requirement was on hold due to an injunction, but that hold was overturned on December 23, 2024, so filing is now due by January 13, 2025!
What happens if you don’t file?
- Criminal penalties of up to two years in prison and/or a $10,000 fine
- Civil penalties of $500 per day
We’re providing this reminder as a courtesy and will not be able to assist with filing. You’ll need to reach out to your attorney or use online filing services for help.
For more information, visit the Financial Crimes Enforcement Network (FinCEN) here:
https://www.fincen.gov/boi
Don’t wait—make sure your filing is complete and compliant by January 13, 2025!
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