10/29/2024
BUISNESS OWNERS!!!!!! I didn't know this, and Im finding many people havne't heard about it!!
IMPORTANT: New Federal BOIR Filing Requirement!
As part of new federal regulations, all business owners are required to submit a Business Owners Information Report (BOIR). This report collects important information about your business, such as its ownership structure and contact details, to help increase transparency and ensure your business remains in good standing with federal requirements. Deadline is to have this completed by Jan. 1, 2025. If you do not complete this they are going to charge a penalty of $500.00 a DAY caping at 10K. Below are websitess with more information, and the website to file. Its pretty simple.
www.boir.org
www.boir.gov
Does your business need to submit a Beneficial Ownership Information Report (BOIR)? Discover if you need to submit one and learn the filing process at BOIR.org.