On February 27, 2025, FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information (BOI) reports until a new interim BOI reporting final rule becomes effective, and the new relevant due dates in the interim final rule have passed.
FinCEN stated that it intends to issue an interim final rule no later than March 21, 2025, which will extend the BOI reporting deadlines.
FinCEN’s announcement is available here.
In light of this latest development, to ensure that our customers have the most current information, Spidell will postpone our BOI Reporting Update webinar originally scheduled for March 4, 2024, until March 25, 2025. Sign up for the webinar here.
Sign up for Spidell’s 2025 Post-Tax Season Update and Review and prepare yourself to tackle extensions with confidence. Click here for details.
