|
LLC and other business owners who have been procrastinating the initial filing of their Beneficial Ownership Information Report can rejoice! Consistent with the Department of Treasury's announcement at the beginning of March, FinCen announced yesterday that it was removing beneficial ownership information reporting requirements for all U.S. companies and persons. You can now strike this one off the list - hopefully, for good this time!
FinCEN Removes Beneficial Ownership Reporting Requirements for U.S. Companies and U.S. Persons, Sets New Deadlines for Foreign Companies
That's all the news I have to share this month as I focus on getting your tax returns out the door. Thank you to everyone who has provided their tax documents already - I will be in touch and ensure you get filed on time.
For those who haven't provided documents yet, please upload prior to Monday if you wish to file by the April 15 non-extended deadline.
If you'd like me to file an extension, please let me know and provide all documents that are available at this time to ensure the most accurate extension payment estimate if needed.
As a reminder, an extension provides additional time to file but all tax is due on April 15. The IRS will apply interest to any tax due not paid by April 15.
Thank you for your continued trust and business!
| 
