All Forum Posts by: Janet Behm

Beneficial Ownership Information is back on the table. Register your corporation by 1-13-25

Today, the injunction was struck down. Register your corporations by Jan 13, 2025

Sean,

Timely update! Thanks...from all of your REI friends.

I hope this message finds you well. I wanted to update you on the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA).

As you may be aware, on December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction in the case of Texas Top Cop Shop, Inc. et al. v. Garland. This injunction temporarily halts the enforcement of the CTA and its reporting rule, including the January 1, 2025, BOI reporting deadline. Here are the key points to consider:

1. Preliminary Injunction: This is a preliminary injunction, not a final disposition. BOI reporting is not dead at this point, and it is likely to be appealed.
2. Potential Rush: If the injunction is lifted and the deadline is not delayed, there could be a mad rush to comply at the last minute. This could include computer delays, the inability to reach the site, creating a late filing, and subsequent penalties.
3. Voluntary Compliance: A reporting company can still voluntarily comply with the law if they so choose.
4. Our Recommendation: This decision is ultimately up to you. However, based on your risk tolerance, you need to decide whether to file now or wait.

Mike, Welcome to the 'club'.

We worked with HOA and PUD when we first niched to real estate.

Loved the Brokers, got tired of the boards.

Board members NEED training when they get elected. Training board member's is just not in my niche.

If you have a bent toward education or someone on your team, you will be an invaluable part of every association you manage.  

Janet

Make the Most of Your Benefits.

Use Your HAS/FSA by Year-End!

Spend like cash for medical weight loss, hormone therapy, IV infusions, aesthetics, specialty treatments, supplements, and more!

Do an Internet search for “integrative clinic near me.”

Most HAS/FSA plans expire at year-end; check with your company of Issuance for program details and restrictions.

Check TODAY!

Make the Most of Your Benefits.

Use Your HAS/FSA by Year-End!

Spend like cash for medical weight loss, hormone therapy, IV infusions, aesthetics, specialty treatments, supplements, and more!

Do an Internet search for “integrative clinic near me.”

Most HAS/FSA plans expire at year-end; check with your company of Issuance for program details and restrictions.

Check TODAY!

Be sure you have registered ALL your Corporations and LLCs by December 31, 2024

Failure to file is a $500/day/entity fine!

Beneficial Ownership Information (BOI) Reporting:| FinCEN.gov Do this right NOW!

First, be sure you have registered ALL your Corporations and LLCs by December 31,2024

Failure to file is a $500/day/entity fine!

Beneficial Ownership Information (BOI) Reporting:| FinCEN.gov Do this right NOW!

Melanie, 

You are being prolific!

I just started following you,

Janet