Wednesday, November 27, 2024
FinCEN's BOI Reporting Deadline: Bedford, TX Businesses Must File by 01/01/2025 or Risk $500 Daily Fines
The Corporate Transparency Act (CTA) mandates businesses in Bedford, TX, to report Beneficial Ownership Information (BOI) to FinCEN, with a firm deadline of January 1, 2025, to enhance transparency and combat financial crimes. As of today, 11-26-2024, Bedford business owners have 36 calendar days (or 27 business days) left to file their BOI reports with FinCEN—delays can result in penalties of $500 per day. Action Steps for Bedford Businesses 1. Confirm Whether Your Business Must
