If it wasn't for the NFIB who represented 300,000 small business as a plaintiff in the Texas District Court trial, there would not have been a nationwide injunction. At least the injunction extended the deadline. My concern is that there are still about 20 million entities who have not filed as of yet. I think most of them don't know about the requirement. I pray the courts eventually rule the CTA unconstitutional as it relates to the 4th, 9th and 10 amendments especially. 🙏🙏
I emailed all my clients and friends last night for the final time as their CPA - EA. I'm done. They either file or they can keep up with all the changes. You say it correctly: "We are not attorneys!" Thank you for all your videos. I shared a multiple of them over the last month!
I feel your pain Charles. This has been a challenging trying to keep our clients up to date. The bad part is so many business owners still have no idea. Unfortunately, I have a feeling we will be dealing with this all tax season as many business owners will learn about this when they go to file their tax return.
haha, like everything with the Government seems to be if you look deep enough. I feel we live in a world of "Constructs" that have been specifically and corruptly designed to provide the illusion of choice and freedom, while they maintain full control over all, or we go to JAIL: they are the true MOB!
I can't believe I'm watching this on Christmas Eve but I am AND THANK YOU!!! Your DIY video was so helpful and made filing for my three businesses online super easy! THANK YOU AGAIN!!!!!!
Lovely that this news was released two days before Christmas, and we are now reacting on Christmas Eve. Would someone kindly define a reporting company? I am NOT an LLC, S-Corp, partnership or any registered entity. I am self employed and perform a horse related service by myself, not unlike a massage therapist. My research tells be I am not required to file a BOI. What does anyone else think? Thanks, Clara CFO. You are performing a much-needed service. And, Merry Christmas!
I am not a lawyer (I am a decent human being), but it sounds like you are a sole proprietor and wouldn't need to file, if you are doing the employment in your own name.
Hi Tina - yes go back and look at my first video on this topic. If you have not filed to create an entity for your business (i.e. corporation, LLC, etc) then you are probably operating as a sole proprietorship - and you would not need to file. I agree with Donald!
I am not amazed that they never sent out "legitimate" mail regarding this requirement a year ago. I never received any postal mail even up to this this day. Merry Christmas.
I’m definitely gonna wait till the last expected day because this is just gonna keep going back-and-forth back-and-forth, especially now that a new administration is coming in
Depends on the type - most are excluded. Go here and look at the top of page 11 to see if you qualify: www.fincen.gov/sites/default/files/shared/BOI_Small_Compliance_Guide.v1.1-FINAL.pdf
@ClaraCFO I have an Android phone and also a Windows operating system laptop. Somehow I'm always having issues to go to the website. Do you always have issues to go to the website?
I think we’ll have to file before January 13 even though I don’t like it when targeting small businesses……Anyway, thank you for the information. Wishing you a Merry Christmas and a Happy New Year to you and all your family 🎄❤️
If the court does not get overturned prior to that date 1/13/2025, then perhaps on January 20, 2025 when the current administration is thrown out of office hopefully things will change Reporting companies that were created or registered before to January 1, 2024 have until January 13, 2025 to file their initial BOIR. Reporting companies created or registered on or after September 4, 2024 that had a filing deadline between December 3, 2024 and December 23, 2024 have until January 13, 2025 to file their initial BOIR. Reporting companies created or registered on or after December 3, 2024 and on or before December 23, 2024 have an additional 21 days from their original filing deadline to file their initial BOIR
Exactly why it was overturned and the deadline is before Jan 2oth. and how did they get it overturned so quickly? I'm sure Texas had to wait longer for a decision!
If it wasn't for the NFIB who represented 300,000 small business as a plaintiff in the Texas District Court trial, there would not have been a nationwide injunction. At least the injunction extended the deadline. My concern is that there are still about 20 million entities who have not filed as of yet. I think most of them don't know about the requirement. I pray the courts eventually rule the CTA unconstitutional as it relates to the 4th, 9th and 10 amendments especially. 🙏🙏
If they can fine you then they already have the information that they are trying to force you to file.
Insider traders gathering small business owner info in the name of fighting crime. Businesses over $5m are exempt. Remind me who the criminals are?
I emailed all my clients and friends last night for the final time as their CPA - EA. I'm done. They either file or they can keep up with all the changes. You say it correctly: "We are not attorneys!" Thank you for all your videos. I shared a multiple of them over the last month!
I feel your pain Charles. This has been a challenging trying to keep our clients up to date. The bad part is so many business owners still have no idea. Unfortunately, I have a feeling we will be dealing with this all tax season as many business owners will learn about this when they go to file their tax return.
Thanks for sharing! It is exhausting for sure!
Such a SCAM!! I will file, with zero happiness... Can you say OverStep?
100% my sentiments. Freaking massive govt overreach. can you say tyrannical?
haha, like everything with the Government seems to be if you look deep enough. I feel we live in a world of "Constructs" that have been specifically and corruptly designed to provide the illusion of choice and freedom, while they maintain full control over all, or we go to JAIL: they are the true MOB!
I have never received any information about filing from FINCEN!
I did. It was a malicious phishing expedition. How nice is that?
waiting for the injunction negate to be negated and then negated so that it can be negated
Ha!! It is starting to feel that way 🤪
need it pushed back beyond innoguration day so President Trump can put an end to this nonsense.
What a scam and what a joke of court's order.
I filed it watching your previous BOI sample video. It was very easy.
fantastic - love to hear it!
I can't believe I'm watching this on Christmas Eve but I am AND THANK YOU!!! Your DIY video was so helpful and made filing for my three businesses online super easy! THANK YOU AGAIN!!!!!!
Love to hear it! glad you were able to DIY easily!
Who ever signed this bill needs to lose their job
so if people dont hear about this new law on the news or on social media then they are screwed
That's just the way our lovely overlords like it.
Unconstitutional!!!
All judges who overruled this should be fired but they will not because they all look out for each other, thieves looking out for thieves.
Lovely that this news was released two days before Christmas, and we are now reacting on Christmas Eve. Would someone kindly define a reporting company? I am NOT an LLC, S-Corp, partnership or any registered entity. I am self employed and perform a horse related service by myself, not unlike a massage therapist. My research tells be I am not required to file a BOI. What does anyone else think? Thanks, Clara CFO. You are performing a much-needed service. And, Merry Christmas!
I am not a lawyer (I am a decent human being), but it sounds like you are a sole proprietor and wouldn't need to file, if you are doing the employment in your own name.
Hi Tina - yes go back and look at my first video on this topic. If you have not filed to create an entity for your business (i.e. corporation, LLC, etc) then you are probably operating as a sole proprietorship - and you would not need to file. I agree with Donald!
You are kind, generous and a life saver. Thank you, Clara.
Thanks for watching!
Its illegal, dont comply.
I am not amazed that they never sent out "legitimate" mail regarding this requirement a year ago.
I never received any postal mail even up to this this day.
Merry Christmas.
They don't have too. they posted bulletins and made news about it for a couple of years ago. Mainly accountants and lawyers would know about it.
Merry Christmas Hannah. Thank you for all the updates!
Merry Christmas Rodney!
The penalties are less if you murder someone. Ridiculous!!
How do you file a PDF form?
Third Parties happy to cash in on this requirement
FIGHT!! FIGHT!! FIGHT!!
Not one question as to why this is being pushed so hard so fast before jan 20?
Thank you! Merry Christmas
Merry Christmas to you!
I’m definitely gonna wait till the last expected day because this is just gonna keep going back-and-forth back-and-forth, especially now that a new administration is coming in
Is non profit included?
Depends on the type - most are excluded. Go here and look at the top of page 11 to see if you qualify: www.fincen.gov/sites/default/files/shared/BOI_Small_Compliance_Guide.v1.1-FINAL.pdf
@ClaraCFO I have an Android phone and also a Windows operating system laptop. Somehow I'm always having issues to go to the website. Do you always have issues to go to the website?
thanks for the help.
you got it!
Thanks so much for the updates
Happy to help!
Many Thanks.
Definitely thank you for this update!
happy to help!
I think we’ll have to file before January 13 even though I don’t like it when targeting small businesses……Anyway, thank you for the information. Wishing you a Merry Christmas and a Happy New Year to you and all your family 🎄❤️
thanks - same to you!
Thank you 🙏🏽
You are very welcome! Happy to help
We appreciate your professional help, We are sorry for this FINCEN dictatorship policy. Hope you understand us Marry Christmas friends ❤.
Hi Clara
Thank you Clara for your diligence and update, it's greatly appreciated! Happy Hanukkah ❤
Happy Hanukkah to you!
This is so wrong, so many people know nothing of this bull#$%&
the "awareness campaign" they ran was not good enough - for sure
You're the BEST, Hannah!! Thank you! Merry Christmas & Happy New Year! 🙂
Same to you!!
As always big brother keeping small business under thumb while they steal from us and they have the audacity to say we are stealing from them.
FJB. I AM ENJOYING his cognitive decay on full public display. I wish nothing but the worst for this current admin.
Thanks Joe Biden
but he was a fighter for th elittle guy.....
Just done mine. Thank you beautiful.
Good work!
100k
Woohoo! I made it!
If the court does not get overturned prior to that date 1/13/2025, then perhaps on January 20, 2025 when the current administration is thrown out of office hopefully things will change
Reporting companies that were created or registered before to January 1, 2024 have until January 13, 2025 to file their initial BOIR.
Reporting companies created or registered on or after September 4, 2024 that had a filing deadline between December 3, 2024 and December 23, 2024 have until January 13, 2025 to file their initial BOIR.
Reporting companies created or registered on or after December 3, 2024 and on or before December 23, 2024 have an additional 21 days from their original filing deadline to file their initial BOIR
Exactly why it was overturned and the deadline is before Jan 2oth. and how did they get it overturned so quickly? I'm sure Texas had to wait longer for a decision!
Where’s trump when we need him