Beneficial Ownership Interest Report

Man writing on form

Beneficial Ownership Interest Report

What your receive
  • Prepare and file Beneficial Ownership Information(BOI) with FINCEN for your entity.
  • Certified Tax Advisor consult time billed hourly (not included.)

$100 per Entity + $50 for each Beneficial Owner

The Corporate Transparency Act of 2019 came into effect January 1st, 2024. The Act requires that all small entities report all beneficial owners of a company. A beneficial owner is defined as someone who exercises substantial control over a company/or owns or controls at least 25% of the ownership interest.

Like many things that come out of DC this new reporting can by confusing and time consuming, not to mention costly due to improper filing. Failure to report has a fine of $500 a day/per beneficial owner not reporting. Let me handle your BOI compliance so you can focus on running your business.