11/20/2024
Consider sharing this, especially if you know a business owner… 🚨
I was recently made aware that if you hold an LLC, you are required to complete a beneficial ownership report.
This has to be completed by 12-31-24.
For LLC’s created after January 1st, 2024, the report must be completed within 90 days of successful registration.
Failure to do so will result in DAILY fines of $500.
Read that last line again. CRAZY!
Folks, this is a legitimate matter and we have less than 60 days until 12-31-24.
I didn’t want to share incorrect information here, but I believe everything above is accurate.
We can help you with the BOIR registration.