BOI Filing Requirement – Update as of 12/23/24

As of December 23, 2024, the injunction on filing Beneficial Ownership Information (BOI) Reports has been lifted. FinCEN has announced that reporting companies are now required to submit BOI information by the deadline of January 13, 2025.

The additional six-month extension remains available for those businesses affected by recent hurricanes, as explained in this recent Journal of Accountancy article.

For the latest information regarding this reporting requirement, visit: Beneficial Ownership Information Report with the Financial Crimes Enforcement Network.

For current clients, please contact your HAC advisor directly with any questions.

Disclaimer: Questions of beneficial ownership, filing requirements, and exemption are a legal matter. Please confirm this guidance or advice with your legal counsel.

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