Beneficial Ownership Reporting (BOI)
Beneficial ownership reporting requirements are back in effect, with a new deadline of March 21, 2025.
Filing is free through FinCen's website visit: https://www.fincen.gov/
Check out our FAQ's below!
If you need assistance filing contact us at (810) 276-4963
frequently asked questions
What is BOI?
BOI is information about the people who directly or indirectly own or control a business. This includes their full legal name, date of birth, current address, and ID numbers. BOI reporting is a law created under the Corporate Transparency Act to help prevent money-laundering and tax evasion.
When to Report BOI
The new deadline to file your Beneficial Ownership Report is March 21st, 2025
Is there a fee?
No. Filing on the FinCen website is free. If you have your accountant, bookkeeper or tax preparer file for you then they will probably charge a fee.
What you need to File
- Your Company's Federal EIN
- Your State ID or Passport. You’ll need to upload a copy.
Who can file for you
You, an employee or your accountant.
Need More Help?
Please feel free to reach out to us with any questions you may have on (810) 276-4963 or at hello@blackbeardtax.com. We can walk you through the process so that you meet your filing obligations.