Wednesday, November 27, 2024
FinCEN Mandates BOI Reporting for Brewster, MA Businesses: Deadline 01/01/2025
The Corporate Transparency Act (CTA) requires businesses in Brewster, MA, to disclose Beneficial Ownership Information (BOI) to FinCEN to increase transparency and combat financial crimes such as tax evasion and money laundering. As of today, 11-26-2024, Brewster business owners have 36 calendar days (or 27 business days) to file their BOI reports with FinCEN—missing the deadline could result in fines of $500 per day. Action Items for Brewster Businesses1. Confirm Whether Your Business Must
