BOI Reporting for Business Owners Complete Guide
March 8, 2024
The new BOI reporting for business owners is a requirement and must be completed. And while the Corporate Transparency Act
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, reporting companies may continue to voluntarily submit beneficial ownership information reports. More information is available on FinCEN’s website at https://www.fincen.gov/boi. If you have already submitted all required report information but your report is not yet filed, you can request it not be filed by submitting a ticket inside the portal and receive a refund within 5 business days.