Wednesday, November 27, 2024
FinCEN’s BOI Reporting Deadline: Burlington, WA Businesses Must Act Before 01/01/2025
The Corporate Transparency Act (CTA) mandates businesses in Burlington, WA to disclose Beneficial Ownership Information (BOI) to FinCEN, aiming to enhance financial transparency and deter illicit activities. As of today, 11-26-2024, Burlington business owners have 36 calendar days (or 27 business days) left to submit their BOI reports—avoid daily fines of $500 by filing on time! Action Items for Burlington Businesses1. Determine if Your Business Needs to File Deadline: ASAPMost corporations,
