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FinCEN's BOI Reporting Deadline Looms for Calabasas, CA Businesses: File by 01/01/2025

The Corporate Transparency Act (CTA) requires most businesses in Calabasas, CA to submit Beneficial Ownership Information (BOI) to FinCEN by January 1, 2025, as part of federal efforts to improve financial transparency and combat illegal activities. As of today, 11-26-2024, Calabasas business owners have 36 calendar days (or 27 business days) to file their BOI report with FinCEN—failure to do so could result in penalties of $500 per day.    Action Steps for Calabasas Businesses1. Check if Your