If your LLC was registered before 2024, your Beneficial Ownership Information Report (BOIR) deadline is coming up fast, and this is one deadline you cannot afford to miss. With regulatory authorities tightening the rules on transparency, every LLCs needs to ensure it’s in full compliance—or face the consequences. Here’s what you need to know to stay ahead of the curve!

What is BOIR, and Why Does it Matter?

The Beneficial Ownership Information Report (BOIR) is part of a legal push to bring transparency to business ownership. It requires companies, including LLCs, to disclose who controls the entity—cracking down on money laundering and other illicit activities. For businesses registered before 2024, filing this report is not optional—it’s mandatory.

If your LLC fails to submit this crucial report on time, you could be looking at substantial fines, reputational damage, and a compromised legal standing. Bottom line: don’t let something as simple as a filing deadline put your business at risk!

Why LLCs Registered Before 2024 Need to Act Fast

If your LLC was established before 2024, the clock is ticking. The deadline to file your BOIR is around the corner, and waiting until the last minute could spell trouble. Why? Here are just a few reasons to file sooner rather than later:

• Avoid Late Fines: Missing the BOIR deadline could result in serious financial penalties.
• Ensure Compliance: Filing on time ensures your business remains compliant and avoids being flagged by regulatory bodies.
• Stay in Good Standing: Non-compliance can damage your business’s reputation and its ability to operate smoothly.

Benefits of Filing Your BOIR Early

Why wait when you can file early and save yourself from unnecessary stress? Early filing gives you the time to ensure everything is accurate, reduces the risk of penalties, and keeps your business in good standing with regulators.

Here’s why acting now is crucial:

• Reduce Last-Minute Errors: Avoid the rushed mistakes that can happen when you’re racing against the clock.
• Peace of Mind: Filing early means you can focus on running your business, not worrying about deadlines.
• Keep Your Business Compliant: Stay ahead of the game by ticking off your compliance obligations in advance.

The Consequences of Waiting

Procrastination can lead to costly consequences. Not only can you face hefty fines, but prolonged non-compliance may also affect your LLC’s standing with regulators, and in the worst-case scenario, your business could lose its legal status.

Let Pumpkin Tax Co. Make Filing a Breeze

At Pumpkin Tax Co., we’re here to make your BOIR filing simple and hassle-free. Our team of compliance experts will handle the entire process, ensuring that your LLC remains fully compliant with BOIR regulations. We’ll help you file early, avoid penalties, and keep your business in good standing.

Don’t let the deadline sneak up on you—contact us today and get it done!

Why Choose Pumpkin Tax Co.?

• Expert Guidance: We’ll walk you through every step of the BOIR filing process.
• Stay Compliant: Our team ensures your LLC is in full compliance with current regulations.
• Avoid Penalties: We’ll help you file on time and avoid costly fines.

Secure Your LLCs Future Today

This BOIR deadline is no small matter, but with Pumpkin Tax Co., you can relax knowing that everything is handled. Avoid potential fines, keep your business in good standing, and let us take care of the filing for you.

Stay compliant. Stay protected. File your BOIR today!