December 11, 2024 UPDATE
Alert: Impact of Ongoing Litigation – Deadline Stay – Voluntary Submission Only
In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports.
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August 7, 2024
BENEFICIAL OWNERSHIP INFORMATION REPORTING
The BOI Reporting is a new mandatory program for identifying owners of businesses to avoid fraudulent activities from bad actors.
All Current Business Owners must complete registration for each entity by January 1, 2025.
If you did not do this already:
You can do this yourself yearly or Zweig & Associates, CPA’s is offering this yearly service to our clients for $100. This is a yearly registration.
Contact Danielle VanDinter at [email protected] to request this service. Please include your name, your business name and Driver’s License or Passport copies of all shareholders in the company.
If you would like to learn more or do this yourself, this is the link for more information or to do your initial registration.
*Failing to file can result in civil penalties starting at $500 per day after the January 1, 2025 due date.
You will need to upload your identifying document(s) for all owners (Driver’s License or Passport)
Thank you,
Zweig & Associates, CPA’s
