FinCEN Extends BOI Reporting Deadline: What You Need to Know

Businesses required to comply with the Beneficial Ownership Information (BOI) reporting requirements just got a temporary reprieve. The Financial Crimes Enforcement Network (FinCEN) has announced an extension for certain filers, along with a pause in enforcement actions. This decision comes amid growing concerns over compliance challenges and the need for additional guidance.

To stay informed on how this extension might affect your business and reporting obligations, read the full details here: FinCEN Extends BOI Reporting Deadline and Halts Enforcement.