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FinCEN Filing: Don't Wait, Get it Done Today!

Writer's picture: Michael BeauchampMichael Beauchamp

Attention all Local IT customers! Have you completed your FinCEN Beneficial Ownership

Information (BOI) report? The deadline is approaching fast - January 1, 2025, and the penalties

for non-compliance are steep.


What is the FinCEN BOI report? This report requires businesses like LLCs, partnerships, and

corporations registered in the US to disclose their beneficial owners to the Financial Crimes

Enforcement Network (FinCEN). This helps combat financial crime and increase transparency.


Don't risk hefty penalties! Failing to file this report can result in a penalty of $500 per day. That

can add up quickly and put a serious strain on your business finances.


Need help navigating the process? Look no further than King & King. They offer a flat fee of $150

to handle your FinCEN filing, taking the stress and hassle off your shoulders.


Don't wait! Take action today and ensure your business is compliant. Contact King & King to get

started on your FinCEN filing.



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