New BOI reporting requirements for 2024. Most businesses are required to file (please see links for 23 exempt entity types). Penalties for non-filing are severe...
Please see my earlier blog article posted 1-31-24 & info in my 10-31-24 tax planning blog
2024 - New Reporting Requirement for Small Businesses | Garland Taylor CPA, PC
Or see the Beneficial Ownership Information (BOI) website
Beneficial Ownership Information Reporting | FinCEN.gov
Just ask, if you have questions!
Garland
Garland Taylor CPA, Pres. Garland Taylor CPA, PC
Category:
Tax Tips
Posted on
November 30, 2024