What Penalties Exist for Failing to Comply with the BOI Reporting Requirements?
Failure to comply with the CTA’s reporting policy can lead to civil penalties of up to $500 per day. It also includes criminal fines of up to $10,000 or imprisonment or both. Timely compliance is, therefore, crucial.
The Estate Plan
135 San Lorenzo Ave Suite #750
Coral Gables, FL 33146
