Next Wright Financial Services

https://www.cpapracticeadvisor.com/2024/12/24/boi-reporting-injunction-lifted-fincen-extends-deadline-to-jan-13/153648/

BOI Reporting Injunction Lifted; FinCEN Extends Deadline to Jan. 13 FinCEN has extended the Jan. 1, 2025, deadline for most reporting companies to file beneficial ownership information reports with the Treasury Department until Jan. 13, 2025, after a federal court of appeals lifted an injunction on Dec. 23 that had halted the new law.

IMPORT REMINDER for business owners operating in the US:

WARNING ⚠️ - Many companies in the United States are required to file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN)

The deadline depends on when the company was created or registered:

Created or registered before January 1, 2024: The initial report is due January 1, 2025

Created or registered in 2024: The report is due within 90 days

Created or registered after January 1, 2025: The report is due within 30 days

⚠️ The fine for not filing a Beneficial Ownership Information (BOI) report can be as high as $591 per day in civil penalties, with potential criminal penalties including a $10,000 fine and/or up to two years in prison for willful non-compliance.

⚠️ FILING IS FREE!!! BEWARE OF SCAMMERS EMAILING YOU TO FILE THROUGH THEM AND CHARGING UPWARDS TO $499 FILING FEE PER COMPANY.

FinCEN will not send requests for payment to file a BOI report, and you should not send money in response to any mail claiming to be from FinCEN or another government agency

Go here to file - https://fincen.gov/boi

WARNING - Many companies in the United States are required to file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN)

The deadline depends on when the company was created or registered:
Created or registered before January 1, 2024: The initial report is due January 1, 2025

Created or registered in 2024: The report is due within 90 days

Created or registered after January 1, 2025: The report is due within 30 days

FILING IS FREE!!! BEWARE OF SCAMMER EMAILING YOU TO FILE THROUGH THEM AND CHARGING UPWARDS TO $499 FILING FEE PER COMPANY.

FinCEN will not send requests for payment to file a BOI report, and you should not send money in response to any mail claiming to be from FinCEN or another government agency

Go here to file -

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Just because is excelling in a bullish market does not mean you should start parking a lot of money in that particular For one, Bitcoin price is too high. You should always diversify your investments...other low priced that has the potential to bubble, AI Stock, Whole Life and IUL Insurance policies, high annual yield interest saving accounts, etc. Maximize your earning potential by diversifying your investments and keep your money working over the long term.

Next Wright Financial Services, LLC

Link in our bio.

ATTENTION:

This is happening, but you know the scammers and misinformers are I'm full effect. Consult with your tax attorney regarding this matter of just take the time to educate and do it yourself.

If you own a Corporation or an LLC, you have until January 1, 2025 to handle this, unless you have a new company formed in 2024, then you only have 90 days from formation. Go to www.fincen.gov/boi for more information and filing instructions. Some might be exempt from this action, so go through the FAQs to find out.

FAILURE TO REPORT THIS INFORMATION IS $500 PER DAY FOR EACH DAY THE VIOLATION CONTINUES AND/OR CRIMINAL FINES AND IMPRISONMENT.

As usual, us honest tax paying business owners are being threatened and penalized for the actions of who knows in this country that is taking advantage and abusing the system. That's our government for ya 😡👎🏽