BOI Report deadline and the enforcement of penalties are back as of 12/31/2024

[Sean O'Keefe]

I wrote this post a few weeks ago, below, warning real estate investors, with entites (e.g. LLC, S-Corp, etc), to file their BOI Reports by the end of the year to avoid being penalized up to $10,000 per entity. I also included some instructions to help. The post was trolled and then moved from Tax section to Classifieds section by BP.... 

Here's the original post: https://www.biggerpockets.com/forums/517/topics/1222034-pote...

Thanks to @Michael Plaks for highlighting that the 12/31/2024 deadline and the enforcement and the penalties are back, as of 12/23/2024!

.

.

.

*This post does not create a CPA-client relationship. The information contained in this post is not to be relied upon. Readers are advised to seek professional advice.

[Jay Hinrichs]

Quote from @Chris Seveney:

Quote from @Sean O'Keefe:

I wrote this post a few weeks ago, below, warning real estate investors, with entites (e.g. LLC, S-Corp, etc), to file their BOI Reports by the end of the year to avoid being penalized up to $10,000 per entity. I also included some instructions to help. The post was trolled and then moved from Tax section to Classifieds section by BP.... 

Here's the original post: https://www.biggerpockets.com/forums/517/topics/1222034-pote...

Thanks to @Michael Plaks for highlighting that the 12/31/2024 deadline and the enforcement and the penalties are back, as of 12/23/2024!

.

.

.

*This post does not create a CPA-client relationship. The information contained in this post is not to be relied upon. Readers are advised to seek professional advice.

 For those that have yet to do this, it takes less than 10 minutes if you are a single member llc - just make sure to have a copy of some sort of identification.

we did all of ours .. and our attorney contacted us as well and let us know to get them done or he would do them for us.  so all put to bed here.