$500 per day fines for not filing this report by January 13th, 2025
TaxShield BOI is a specialized platform designed to help businesses meet the compliance requirements of the Corporate Transparency Act (CTA). With a focus on data security and user convenience, TaxShield BOI offers a seamless filing experience so you can meet compliance deadlines with ease and confidence.
The Corporate Transparency Act (the “CTA” for short) is a new law that requires certain domestic and foreign entities, called “reporting companies,” which includes LLCs and corporations, to submit their beneficial ownership information (that is, the names, addresses and other information about the beneficial owners of the company) to FinCEN. FinCEN is a federal governmental entity.
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