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12/31/2024

Here's the latest regarding FinCEN and the BOI filing requirements and deadline...

I've spent a lot of time riding the BOI roller coaster this month. On Dec 3 a federal judge in Texas issued a stay on the filing requirements for BOI Reporting through FinCEN. On appeal that stay was lifted Jan 23rd with a new deadline of Jan 13, 2025 to allow businesses more time to file. THEN, on Jan 26, the stay was lifted, which again removed the filing requirement. So, as of yesterday (Jan 29) there is no deadline. It was moved to Jan 13 after a stay on the injunction was lifted. BUT, in my opinion, this will continue to be appealed and the government will eventually win this case.

Soooo, the bottom line is this:
Just go ahead and file the report. Then you are covered. If you need help, contact me and we can help with filing.

SCAM ALERT: There are a lot of 3rd party sites overcharging to file these reports (sometimes in the thousands of dollars). The report can be filed for free at the FinCen website https://boiefiling.fincen.gov/

I hope this helps with some of the confusion

BOI E-FILING

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