In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force. However, this court order is not a final determination and has been appealed by the Department of Treasury. Reporting companies may continue to voluntarily submit beneficial ownership information reports.

 

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BOS is collaborating with Wolters Kluwer to offer you BizFilings' Beneficial Ownership reporting solution.

As of January 1, 2025, the Corporate Transparency Act is in effect. Small businesses are required to file Beneficial Ownership Information (BOI) reports with FinCEN.

 

Start your BOI filing now.

What is the Beneficial Ownership Information report & the Corporate Transparency Act?

BOI reporting is part of the Corporate Transparency Act that Congress passed in 2021 to crack down on money laundering, financing of terrorism, tax fraud, and other illegal acts. The BOI will contain personal identifying information about a company's beneficial owners that will be filed with FinCEN - the U.S. Department of Treasury's Financial Crimes Enforcement Network.

 

Use BizFilings' Beneficial Ownership solution for fast and accurate BOI filings.

 

 

Easy to Use: Reduce confusion using a guided 5-step filing process.
Efficient Filing: The fast and automated filing process saves hours on each filing.
Secure Process: Safeguard your sensitive personal information using our robust security protocols.
Reduced Risk: Reduce the threat of harsh civil and criminal penalties for non-compliance.

  

 

 

Beneficial Ownership Information Report Resources

Use BizFilings' quiz to determine your filing status. Walk through a series of questions designed to help businesses like yours understand their potential reporting status. Use the quiz to better understand your reporting status today.

Quiz

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