Certain small businesses have until January 13 to file beneficial ownership reports or risk fines and criminal penalties after appeals court reinstates beneficial ownership reporting requirements.
Failure to submit the new paperwork by the deadline puts small business owners at risk of criminal penalties, imprisonment, and fines up to $10,000.
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https://www.uschamber.com/small-business/how-to-comply-with-the-corporate-transparency-act-deadline
