Thursday, November 28, 2024
FinCEN's BOI Filing Deadline: 01/01/2025 - Businesses Must File Now to Avoid Fines!
The Corporate Transparency Act (CTA) requires businesses to report Beneficial Ownership Information (BOI) to FinCEN to enhance transparency and combat illicit financial activities. As of today, November 27, 2024, Racine, Wisconsin, business owners have 35 calendar days (or 25 business days) left to file their BOI report with FinCEN—act quickly to avoid $500 per day fines! What You Need to Do:1. Determine if Your Business Must File. Most LLCs, corporations, and small businesses qualify as "reporting
