Prepare for BOI Reporting: Essential Tips and Timeline
As part of our commitment to keeping you informed, we want to make sure you're aware of important updates regarding business filing requirements. Staying compliant with these regulations is essential to avoid penalties and ensure your business remains in good standing.
Most business entities with fewer than 20 full-time employees and less than $5 million in sales or gross receipts, as reported on federal tax returns, will likely be required to complete the BOI disclosure.
While Brinker Simpson & Company does not directly manage Beneficial Ownership Information (BOI) filings, we are here to provide you with the necessary resources and information to help you comply with these critical regulations.