AICPA Comment Letter Requesting 1 Year Delay of FinCEN BOI Rule

As the filing deadline draws closer, the AICPA has grave concerns with the current FinCEN BOI deadline of January 1, 2025. The deadline for most existing small businesses must be delayed or this country will see millions of small business owners become accidentally and unknowingly delinquent in their compliance. To ensure small businesses remain above board with federal laws and regulations, the AICPA believes the rule should be suspended for at least a year.