BOI

New Requirement for Businesses Registered with the Secretary of State: Beneficial Ownership Information

New Requirement for Businesses Registered with the Secretary of State: Beneficial Ownership Information

Businesses registered with the Secretary of State (such as LLCs or corporations) are now required to report Beneficial Ownership Information. As of December 26, 2024, the deadline for BOI filing has been suspended until further notice. However, the report is expected to be required in the future. We recommend voluntarily completing the report to avoid having to monitor future deadline updates.