BOI Reporting Procrastination

[Lee B]

"Recently, a FinCEN representative acknowledged that only about 20% of the millions of businesses that need to report have filed. "

With everyone waiting to file, their website may get overwhelmed and crash.

Calling their help line may end up being an exercise in frustration.

I guess I better file before Thanksgiving

 

[Sara EA]

I thought the clients have to file, not the preparers.

[Lee B]

1 hour ago, Sara EA said:

I thought the clients have to file, not the preparers.

I'm set up as an S Corporation so I have to file.

[jklcpa]

I'm a C corp and filed mine last month. It was very easy and quick.