BOI Reporting
BENEFICIAL OWNERSHIP INFORMATION
(BOI) REPORTING
(BOI) REPORTING
Unsure about your obligations for the new beneficial ownership information report? AG FinTax is here to assist.
- Ensure compliance with the latest federal regulations
- Submit your information securely with expert guidance
- Receive timely reminders to help you stay on track
$591 Per Day Penalties! Deadline Ends Soon!
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Key BOI reporting dates to be aware of:
- FinCEN began accepting BOI reports on January 1, 2024
- New businesses that are formed on or after January 1, 2024, must file within 90 days of business formation
- Existing businesses that were formed before January 1, 2024, must file before January 1, 2025
- New businesses that are formed on or after January 1, 2025, must file within 30 days of business formation
WHO HAS TO FILE?
- Single-Member LLCs.
- Small S corporations, or Small C corporations they may be required to provide detailed reporting on their beneficial owners, the people who own or control these entities.
- Small multi-member LLCs. Including any that own rental properties in an LLC.
EXEMPTED ENTITIES:
Large operating companies, meet ALL THREE conditions majorly:
- More than 20 full time employees in US
- More than $ 5 million in domestic gross receipts reported on their prior tax return.
- Operating presence at a physical office within the United States.
Our BOI Reporting Services
At AG FinTax, we specialize in streamlined and compliant BOI reporting that meets federal standards. Our team of experts will:
- Identify and document your beneficial owners.
- Ensure all necessary information is accurately captured and securely submitted.
- Help you stay informed of any regulatory changes that may impact future filings.
Start Your Filing Today
AG FinTax is here to guide you through every step of the BOI reporting process. With our expert assistance, you can focus on running your business while we manage your compliance needs.
Contact us today to ensure your business remains compliant with BOI reporting requirements.