2025 – Beneficial Ownership Information Reporting Form
Effective January 1, 2024, the Federal Corporate Transparency Act requires most business entities* to report Beneficial Ownership Information (“BOI”) to the Financial Crime and Enforcement Network (“FinCEN”) of the United States Department of Treasury. Most existing entities that are required to report (the “Reporting Companies”) must submit BOI to FinCEN no later than January 1, 2025. The failure of a Reporting Company to timely report BOI to FinCEN could result in fines and penaties of $500.00 per day, up to a maximum of $10,000.00.
C.P.S. IS A NON-GOVERNMENTAL ORGANIZATION AND DOES NOT HAVE A CONTRACT WITH ANY GOVERNMENT AGENCY TO PROVIDE THIS SERVICE