Hot off the press: FinCEN states that 3/21/25 is not the real deadline!
FinCEN is not issuing fines or penalties in connection with beneficiary ownership information reporting deadlines.
They say a further announcement about deadlines and protocols will be made before 3/21/2025.
To read more click here: https://www.fincen.gov/news/news-releases/fincen-not-issuing-fines-or-penalties-connection-beneficial-ownership
If you have questions or require additional information, please contact your WG advisor.
The information provided in this alert is for informational purposes only and is based on current tax laws and regulations at the time of publication. It should not be construed as legal, tax, or financial advice. While we strive to ensure accuracy, tax laws are subject to change, and individual circumstances may vary. Please consult with your legal or WG tax advisor before making any decisions based on the information provided. WilkinGuttenplan is not responsible for any errors or omissions, nor for any actions taken based on this content.
