On October 1, 2024, NCACPA sent a letter to FinCEN requesting filing relief for businesses impacted by Tropical Storm Helene in North Carolina. The letter highlights the catastrophic damage in the region and requests that FinCEN grant similar relief for residents of the impacted areas of North Carolina who have a Report of Foreign Bank and Financial Accounts (FBAR) or Beneficial Ownership Information Report (BOIR) filing requirement. The Association also advocated for relief for filers whose records are located in the disaster area.
Members are encouraged to read the full letter here.