As the December 31, 2024, deadline approaches, businesses across the United States must prioritize Beneficial Ownership Information (BOI) reporting compliance. Failure to meet this requirement may result in significant penalties.
The Importance of BOI Reporting
The Corporate Transparency Act (CTA) mandates BOI reporting to combat financial crimes and enhance national security. Businesses must disclose beneficial owner information, company details and senior officer information.
Upcoming Deadlines
Businesses must submit their BOI reports by:
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December 31, 2024 (existing entities)
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Within 90 days of formation (new entities)
Increased Fees and Penalties
Late submissions or non-compliance may incur:
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Civil penalties: Up to $500/day
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Criminal penalties: Up to 2 years imprisonment and $10,000 fine
Benefits of Timely Compliance
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Avoid penalties and fees
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Enhanced business reputation
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Simplified financial management
Expert Guidance with LadyTech Consulting
Teresa Tichenor, Founder of LadyTech Consulting, offers comprehensive BOI reporting support, including:
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Bookkeeping
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Payroll management
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Administrative services
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Advisory solutions
Why Choose LadyTech Consulting?
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Expertise in BOI reporting
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Personalized support
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Nationwide coverage
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Holistic business solutions
Local Support in Sacramento and Placer Counties
LadyTech Consulting proudly serves businesses in Sacramento County, Placer County and surrounding areas.
Nationwide Reach
Trust LadyTech Consulting for business growth strategies, financial clarity and operational efficiency.
Book Your Appointment Today!
Secure compliance and prosperity with LadyTech Consulting.
Contact Information:
Phone: 916-573-6997
Email: ladytechconsulting@gmail.com
Email: ladytechconsulting@gmail.com
Additional Resources:
Stay ahead of deadlines and ensure compliance!