There is a new reporting requirement from fin CEN that may affect your business’s compliance this year!
Businesses must submit a 2024 BOI Report to disclose certain information about their beneficial owners unless exempted. These are individuals who have a substantial interest in and exert control over the business.
We are pleased to offer our specialized services for BOI reporting. Our highly skilled team is here to help prepare and submit BOI reports, ensuring that all requirements are met efficiently and accurately.
Should you need any assistance or additional time, do not hesitate to reach out. If you have already completed the reporting or have any questions, please let us know.
Failure to file may result in up to $10,000 penalty and up to two years imprisonments.
Reporting companies that existed before January 1, 2024, have until January 1, 2025 to submit their initial BOI reports. However, reporting companies formed after January 1, 2024 have 90 days from their date of formation to submit the report.
OTHER IRS FILINGS:
Filing 1099NEC/MISC. Starts from $30/Form.
Filing W2 with IRS for employee’s salary and withholding tax. Starts from $30/Form.
