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FinCEN has granted a six-month extension for certain businesses impacted by the following hurricanes to submit or update their Beneficial Ownership Information (BOI) reports:
This extension applies to companies with deadlines from one day before each hurricane’s start date up to 90 days after. Entities must be located in FEMA-designated disaster areas eligible for individual or public assistance and recognized by the IRS for tax relief to be granted this BOIR extension. Each FinCEN Notice linked above contains the applicable dates for each hurricane. FinCEN commented that they would accommodate companies that are reliant on records within the affected zones for compliance, even if their principal place of business is not in that disaster area.
