11/05/2024
Important: Beneficial Ownership Information Report Due by December 31, 2024
Dear Valued Business Owner,
We hope this message finds you well. As part of our commitment to supporting your business's compliance needs, we want to remind you of an important upcoming requirement.
Action Required:
Under the Corporate Transparency Act (CTA), many businesses are required to file a Beneficial Ownership Information Report (BOIR) with the Financial Crimes Enforcement Network (FinCEN). For entities established before January 1, 2024, the deadline to submit this report is January 1, 2025. Failure to comply can result in significant penalties, including civil fines of up to $500 per day, criminal fines up to $10,000, and potential imprisonment for up to two years.
TAXPAYER ADVOCATE SERVICE
How to File:
To file your BOIR, please visit FinCEN's official e-filing portal:
Need Assistance?
If you have any questions or need assistance with the filing process, please do not hesitate to contact us. We are here to help ensure your business remains compliant with all regulatory requirements.
Thank you for your prompt attention to this matter.
Best regards,
Latania