UPCOMING EVENTS
Register for Accounting, Taxes & Financial Goal Setting.
Join us on Dec. 4th from 5-7 PM for all things accounting, taxes & financial goal setting as we approach tax season. This is a great opportunity to gain clarity around money, taxes, and accounting so that you can head into 2025 feeling confident about taxes and accounting.
TAX DEADLINES
BENEFICIAL OWNERSHIP INFORMATION REPORTING
Beneficial Ownership Information Reporting Requirements
Required by the Financial Crimes Enforcement Network (FinCEN)
All Beneficial Owners with 25% or more controlling ownership in a company
Applies to all U.S. businesses (sole proprietorships without an EIN are exempt)
Deadline for filing your BOIR submission is December 31st, 2024
Penalties for Late Filing
Civil Penalties: Up to $592 per day for each day the report is late
Criminal Penalties: Up to $10,000 in fines and imprisonment for up to two years