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Updated about 1 month ago on . Most recent reply
![Robert Frazier's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1833797/1621515963-avatar-robertf384.jpg?twic=v1/output=image/crop=2320x2320@289x0/cover=128x128&v=2)
Your LLC could cost you $500 per day if you don't comply with new FINCEN reg by Jan 1
If you own 25% or more of any LLC you are required to register with a FINCEN ID for beneficial ownership by January 1st or you could be subject to $500 per day fines.
Have you taken care of business?
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![Robert Frazier's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1833797/1621515963-avatar-robertf384.jpg?twic=v1/output=image/crop=2320x2320@289x0/cover=128x128&v=2)
Now it is postponed again. Texas Federal circuit is drunk this holiday season.