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Avoid IRS Penalties! Learn How to File Your BOI Report Before Dec 31, 2024
- November 23, 2024
- Posted by: Mahfuj Ruzel
- Categories: Finance & accounting, Tax News, Tax Preparation
No CommentsThe Beneficial Owner Information (BOI) report is a critical filing requirement introduced by the IRS and enforced under the Corporate Transparency Act. Designed to promote transparency and curb illegal activities like money laundering and tax evasion, the BOI report requires businesses to disclose detailed information about their beneficial owners.
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