FinCEN has announced filing postponement relief of up to six months for victims of five recent hurricanes. However, as noted below, the deadlines postponed vary depending on which hurricane is involved. Only victims of Hurricane Milton qualify for relief from the original filing deadline of January 1, 2025, for businesses that formed prior to January 1, 2024.
For all hurricanes listed below, to qualify for the postponement relief the reporting company must have its principal place of business in an area designated both by:
- The Federal Emergency Management Agency (FEMA) as qualifying for individual or public assistance (see www.fema.gov/disaster/current); and
- The IRS as eligible for tax filing relief (see www.irs.gov/newsroom/tax-relief-in-disaster-situations).
In addition, FinCEN will work with any reporting company whose principal place of business is outside the disaster areas but that must consult records located in the affected areas to meet the deadline. Reporting companies with a principal place of business outside the affected areas and that are seeking assistance in meeting their filing obligations should contact FinCEN at www.fincen.gov/boi.
The six-month postponement relief only applies to reporting companies with an initial or updated BOI filing deadline that falls within the periods listed below based on the hurricane involved:
- Hurricane Milton: Between October 4, 2024, and January 2, 2025 (see FIN-2024-NTC11);
- Hurricane Helene: Between September 22, 2024, and December 21, 2024 (see FIN-2024-NTC10);
- Hurricane Francine: Between September 8, 2024, and December 7, 2024 (see FIN-2024-NTC9);
- Hurricane Debby: Between July 31, 2024, and October 29, 2024 (see FIN-2024-NTC8); and
- Hurricane Beryl: Between July 4, 2024, and October 2, 2024 (see FIN-2024-NTC7).
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