Do I Still Need To File My Beneficial Ownership Information Report (BOIR)?

I recommend it. While there is a temporary injunction due to a Texas court ruling, other federal courts have ruled it constitutional. Filing is the safest way to ensure you will not incur $500 a day penalties if the Texas injunction is overturned.

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There's a new law that requires all LLCs to file a new report.⁠
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It's called the Beneficial Ownership Information Report (BOIR), and it's part of the new Corporate Transparency Act, passed by the US Treasury to stop financial crimes.⁠
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There's a $500/day fine, up to $10,000 and up to 2 years in jail if you don't file it.⁠
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But here's the good news: it's super fast, easy, and free.⁠
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However, there are scams out there--asking for money, scaring you, and potentially stealing your identity.⁠
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So I made you a free, shareable mini-course walking you through how to file your BOI Report.⁠
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I don't want anyone to pay money or fall for scams - so please share with anyone you know who has an LLC.⁠

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DISCLAIMER:
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, accounting, or financial advice. Because each individual's situation is different, specific advice should be tailored to the particular circumstances. You should consult your own tax, accounting, and financial advisors before engaging in any transaction or submitting any documents to the taxing authorities. Any disclosure, copying, or distribution of this material, or the taking of any action based on it, is strictly prohibited.

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