Dear Client:
The 2021 Corporate Transparency Act created a new beneficial ownership information requirement. All companies, including corporations, limited liability companies (LLC), and similar entities, must disclose the identity and information about beneficial owners of the entities. The deadline for entities in existence prior to 01/01/2024 is December 31, 2024. The deadline for entities incorporated and/or organized in 2024 is 90 days from the date of its creation.

Our office has begun preparation and filing of the BOI for our clients, our fee is $300 per entity.

Please contact us if you would like us to prepare this form for your company.

IMPORTANT ADDITIONAL INFORMATION:

• This report only needs to be filed once, UNTIL there is a change, such as, name or address of the company, name or address of beneficial owner, etc. The moment a change occurs, the entity has 30 days to report it to FinCen.

• Reporting companies are required to provide information about both the companies and their beneficial owners and applicants (for entities incorporated after 1/1/24), including full legal name, address, state of formation, IRS taxpayer identification number, birth date, and other details. Willful violations are punishable by a fine of $591 a day, up to $10,000, and two years in prison with similarly serious penalties for unauthorized disclosure.