Tuesday, November 26, 2024
FinCEN Requires Asheboro, NC Businesses to File BOI Reports by 01/01/2025
The Corporate Transparency Act (CTA) compels businesses to disclose Beneficial Ownership Information (BOI) to FinCEN, ensuring greater transparency to prevent financial crimes like tax evasion and money laundering. As of today, 11-26-2024, Asheboro, NC business owners have 36 calendar days (or 27 business days) left to file their BOI reports with FinCEN—avoid delays, as failure to comply can result in fines of up to $500 per day. Action Steps for Asheboro Businesses1. Determine Your Filing
