Monday, November 04, 2024
FinCEN's BOI Reporting Deadline: 01/01/2025 – Amherst, MA Businesses File Now to Avoid Possible Fines
The Corporate Transparency Act (CTA) now requires many U.S. companies, including those in Amherst, MA, to disclose specific details about their beneficial owners to FinCEN, aiming to enhance transparency and reduce financial crimes. As of today, November 4, 2024, Amherst, MA business owners have 58 calendar days (or approximately 40 business days) left to file their Beneficial Ownership Information (BOI) report with FinCEN—don’t delay, or you could face fines of $500 per day!Action Steps for Amherst
