09/10/2024
Facebook family,
I woke up this morning and thought about all you guys out here that have a new or existing business. The IRS has made one of the biggest changes ever to the way small businesses operate. They are making every person that owns a business file what is called a Beneficial Ownership Information (BOI) Report to the FinCEN. This has to happen before the end of the year if you had an existing company but had to be filed within 90 days if you started a business in 2024.
This is so important because they are fining small businesses $500/Day everyday until the reach a max of $10,000 in penalties paid. I have never seen anything like this and this will put a lot of people out of business and some in jail if not filed due to the nature of the filing. I wanted to make sure that I got this info to you guys so I asked my good friend Lisa Laday CPA to lead this free session tonight.
If you would like to attend use this link here: https://us06web.zoom.us/webinar/register/5017284793311/WN_F_mMzh1xRdCcSpP-rk1CUw