Wednesday, November 27, 2024
The Corporate Transparency Act (CTA) requires Dayton businesses to submit Beneficial Ownership Information (BOI) to FinCEN by January 1, 2025, as part of efforts to combat financial crimes like money laundering and tax evasion.
As of today, November 26, 2024, Dayton business owners have 36 calendar days (or 26 business days) to file their BOI reports with FinCEN—don’t delay, as non-compliance could lead to fines of $500 per day.
Steps Dayton Businesses Need to Take1. Determine If Your Business Must