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1 min read⚠️Just in!
There has been a lot of back and forth in the courts regarding filing the Beneficial Ownership Report with the FinCEN. Another ruling was made yesterday. FinCEN posted guidance yesterday in response to the court decision, giving businesses until March 21, 2025 to file an initial, updated, and/or corrected BOI report. This is not a tax or accounting requirement, so Savvy Accounting Biz, LLC will not be providing advice on how to complete the report. However, if any penalties are levied, the...