BOI is Dead (for good this time)
Tuesday, 04 March 2025
Great news for all of us small businesses! The Beneficial Ownership Information requirement from the US Treasury Department/FINCEN is dead, and this time for good! The U.S. Department of the Treasury on Sunday announced it won’t enforce the penalties or fines associated with the Biden-era “beneficial ownership information,” or BOI, reporting requirements for millions of domestic businesses. Enacted via
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