Wednesday, November 27, 2024
The Corporate Transparency Act (CTA) requires businesses to report Beneficial Ownership Information (BOI) to FinCEN to increase transparency and prevent illicit financial activities.
As of Nov. 27, 2024, Portsmouth, New Hampshire, business owners have 35 calendar days (or 25 business days) left to file their BOI report with FinCEN—don’t delay, or you could face fines of $500 per day.
What You Need to Do:1. Determine if Your Business Must File.
Most LLCs, corporations, and small businesses are