It is April 30, 2026. Today is the final day for New York-based LLCs (and those authorized to do business in NY) to comply with the state’s specific LLC Transparency Act, which goes beyond federal FinCEN requirements.
- The Difference: Unlike the federal BOI, the NY version requires disclosure that can be accessed by certain state agencies beyond law enforcement.
- The Penalty: Failure to file today results in the LLC being marked as “past due” on the Department of State’s records, affecting its “Good Standing” status.
- The Shark Insight: “Don’t confuse federal compliance with state compliance. If you have any ‘Nexus’ in New York, check your filing status before midnight. Losing ‘Good Standing’ can freeze your bank accounts faster than an IRS levy.”