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FinCEN BOIR - Beneficial Ownership Information Reporting Requrirements are in effect with new deadlines

  • 1.  FinCEN BOIR - Beneficial Ownership Information Reporting Requrirements are in effect with new deadlines

    Posted 12-24-2024 09:35
    Edited by Denise Williams 12-30-2024 09:07

    ETA (Edited to Add): 

    Update! On December 26, 2024, the Fifth Circuit reversed its December 23, 2024 order, and reinstituted the injunction effective immediately. 

    So things are back on a hold pattern...

    *****

    Since the Dec. 3 injunction, many updates, the latest news came on Dec. 23 -  Federal Court of Appeals.

    • Reporting companies created/registered prior to Jan 1, 2024 or created Sep 4th or later in 2024 - have now until Jan 13, 2025 to file their BOIR
    • Reporting companies created/registered on or after Dec 3 and on or before Dec 23 (injunction period) have an additional 21 days from their original deadline. 
    • Reporting companies qualifying for disaster relief may have extended deadlines.
    • Again, if a reporting company is created/registered on or after Jan 1, 2025, they have 30 days to file the BOIR (after actual/pubilic notice of their effective creation/registration)

    Learn more here on the official government site, see the alert section for more detailed communication: https://www.fincen.gov/boi

    FinCEN


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    Denise Williams MBA
    President
    Real Document Solutions - RDS
    Saint Louis MO
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    ALTA Marketplace


  • 2.  RE: FinCEN BOIR - Beneficial Ownership Information Reporting Requrirements are in effect with new deadlines

    Posted 12-29-2024 14:03

    It makes me so mad the IRS wants us to to their work, they should be creative and find other venues to do this kind of work themselves, and if we do not do IRS's work the penalties are just terrible.

    Thank you for sharing thou Denise! 😊



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    Mary Enzi CAA
    Tax Solutions – FIRPTA Consulting
    [email protected]
    +1 (281) 578-1040
    Katy TX
    ------------------------------

    Original Message
    ALTA Marketplace


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