Wednesday, November 27, 2024
The Corporate Transparency Act (CTA) requires most U.S. businesses to disclose Beneficial Ownership Information (BOI) to FinCEN, a step to improve transparency and combat financial crimes like money laundering and tax evasion.
As of today, November 26, 2024, Fort Lauderdale, Florida business owners have 36 calendar days (or 26 business days) left to submit their BOI reports to FinCEN. Failure to comply can result in penalties of $500 per day—act now to avoid unnecessary fines!
Essential Steps for