ALERT [updated Feb. 19, 2025]: Beneficial ownership reporting requirements are back in effect, with a new deadline of March 21, 2025 for most companies. FinCEN will assess its options for further modifying deadlines. For more info, see notice.
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 March 21, 2025
*Failing to file can result in civil penalties starting at $500 per day after the March 21, 2025 due date.
This is the link for more information and to do your initial registration.
You will need to upload your identifying document(s) for all owners (Driver’s License or Passport) available for uploading.
We are not offering this service at this time.
Thank you,
Zweig & Associates, CPA’s
