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FinCEN’s BOI Deadline: Columbia, MD Businesses Must File by 01/01/2025

The Corporate Transparency Act (CTA) requires Columbia businesses to submit Beneficial Ownership Information (BOI) to FinCEN to improve financial transparency and combat financial crimes like money laundering and tax evasion. As of today, 11-26-2024, Columbia, MD business owners have 36 calendar days (or 27 business days) to file their BOI reports with FinCEN—don’t delay or risk fines of $500 per day!    Action Steps for Columbia Businesses1. Verify Filing Requirements Deadline: ASAPDetermine if your