Attention Business Owners: Are You Ready for FinCEN's New BOI Reporting Requirements?

Starting in 2024, a significant regulatory change from the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) will impact all corporations and LLCs. By January 2025, existing businesses must file a Beneficial Ownership Information (BOI) Report. New entities formed in 2024 will need to comply within 90 days of their formation.

Failure to meet this requirement can lead to serious consequences, including:

  • Civil fines of up to $591 per day of non-compliance (subject to inflation).

  • Criminal penalties with fines up to $10,000 and up to two years of imprisonment for willfully failing to file or submitting false information.

At Abraham Law, we recognize that navigating this process can feel overwhelming. That’s why we’ve launched a streamlined BOI filing service to ensure your compliance is handled efficiently and securely.

Our Service Includes:

  • A secure, password-protected database for gathering necessary information.

  • A simple, user-friendly interface that maintains privacy among business owners and members.

  • Convenient tracking of all your reports in one dashboard, especially useful for managing multiple entities.

  • Automatic filing confirmation and reminders to ensure future updates are timely.

Pricing:

  • $400 per entity

  • Discounts for 5 or more entities: $350 each

If you'd like our help with this critical filing, simply call us at (810) 750-0440 or reply to this post to get started. Once payment is received, we will provide you with access to our custom database, making the process as seamless as possible.

Even if you’ve already completed the filing yourself, we encourage you to reach out with any questions or to confirm your compliance.

Don’t let a missed filing deadline jeopardize your business. Partner with Abraham Law to stay compliant and focus on what you do best—running your business.

📞 Call us today: (810) 750-0440
🖥️ Email us for more details!: crystal.abrahamlaw@gmail.com

Your compliance is our priority.

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Crystal McCarthyAbraham LawComment