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(833) 2FinCEN
(833) 234-6236
(661) 342-1751
Toll Free
Toll Free
9530 Hageman Road, Suite B-170
Bakersfield, CA 93312
Frequently Asked Questions
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What Are The Penalties For Failing To File A FinCEN
Report As Required By The Corporate Transparency Act
The Corporate Transparency Act (CTA) provides for several monetary penalties and a criminal penalty for violating the CTA. Companies who willfully provide false information (including a false or fraudulent identifying photograph or document) or neglect to report by the filing deadline can face a civil BOI penalties of up to $500 for each day that the violation continues or has not been remedied. In addition, they can be fined up to $10,000 and/or face up to 2 years of imprisonment.
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