Tuesday, November 26, 2024
FinCEN's BOI Reporting Deadline: Arlington, MA Businesses Must File by 01/01/2025 to Avoid Fines
The Corporate Transparency Act (CTA) requires many businesses to disclose Beneficial Ownership Information (BOI) to FinCEN, supporting transparency and helping to combat financial crimes like tax evasion and money laundering. As of today, 11-26-2024, Arlington, MA business owners have 36 calendar days (or 27 business days) left to file their BOI reports with FinCEN—don’t delay, or you could face fines of $500 per day. Action Items for Arlington Businesses1. Confirm If Your Business Must
