BOI Reporting Deadline: Act Now
Beneficial Ownership Information (BOI) Reporting is Back!
A recent court decision lifted the injunction on BOI reporting. Here’s the updated timeline:
- Businesses created before January 1, 2024: File by January 13, 2025.
- Businesses created between September 4, 2024, and December 23, 2024: File by January 13, 2025.
- Businesses created between December 3, 2024, and December 23, 2024: Additional 21 days from your original deadline.
- Businesses created on or after January 1, 2025: File within 30 days of receiving notice.
⏰ Time is running out! Ensure your compliance today to avoid penalties and maintain your good standing.
What is BOI Reporting?
The Beneficial Ownership Information (BOI) Report is part of the Corporate Transparency Act (CTA) and helps improve transparency to combat financial crimes like money laundering and fraud. It’s a legal requirement for most small businesses, LLCs, and corporations.
Get Expert Help with BOI Reporting
Struggling to navigate the BOI reporting requirements? SALT Cap is here to help.
With extensive experience in compliance, tax law, and business transparency, we provide:
- Comprehensive BOI reporting guidance
- Support with collecting necessary documentation
- Assistance with meeting FinCEN requirements
📆 Don't Wait! The Deadline is January 13, 2025. Act now to avoid penalties and ensure your business remains compliant. Contact us today!