As of December 23, 2024, a federal court of appeals lifted the preliminary injunction blocking the reporting deadline for Beneficial Ownership Information (BOI).
Following the decision, FinCEN has extended its reporting deadline to January 13, 2024, to file their BOI reports. BOI filing is required. If a business fails to file a BOI report or provide inaccurate information, there may be potential civil and criminal penalties. Learn more here.
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