As a follow-up to our previous week’s post, on December 23, 2024, a federal Court of Appeals reinstated the reporting requirement for companies to file BOI reports with FinCEN. The reporting deadlines are as follows:
- Companies that were created or registered prior to January 1, 2024 have until January 13, 2025 to submit their initial BOI (this had initially been required by January 1, 2025).
- Companies with an original reporting deadline between December 3, 2024 and December 23, 2024 now have until January 13, 2025 to submit their BOI.
- Companies created or registered between December 3, 2024 and December 23, 2024 have an additional 21 days from their original filing deadline to submit their BOI.
Companies located in Florida affected by Hurricanes Debby, Helene, and Milton have already received a six-month extension. This extension applies to all companies with a principal place of business located in Florida. Please contact Loren & Kean Law if you have any questions regarding your company’s reporting requirements.
Bruce Loren and Frank Sardinha, III of the Loren & Kean Law Firm are based in Palm Beach Gardens and Fort Lauderdale. Loren & Kean Law is a boutique law firm concentrating in construction law, employment law, and complex commercial litigation. Mr. Sardinha focuses his practice in high-stakes business disputes and employment law. Mr. Loren has achieved the title of “Certified in Construction Law” by the Florida Bar, exemplifying the Bar’s recognition of this expertise. The firm’s construction clients include owners/developers, general contractors, specialty contractors in every trade, suppliers, and design professionals. Mr. Loren and Mr. Sardinha can be reached at bloren@lorenkeanlaw.com or fsardinha@lorenkeanlaw.com or 561-615-5701.
