Protect Small Businesses from Excessive Paperwork Act of 2025

This bill gives certain companies more time to file required paperwork with the Financial Crimes Enforcement Network (FinCEN). Companies that were formed or registered before January 1, 2024, must submit beneficial ownership information to FinCEN by January 1, 2026, instead of the current deadline of January 1, 2025. The bill extends this filing deadline by one year.

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