Small-business owners are reminded of their requirement to file Beneficial Ownership Information (BOI) reports with FinCEN starting January 2024. Although FinCEN temporarily announced they won't impose fines for failing to file, entrepreneurs are encouraged to stay proactive. To assist in compliance, the article recommends FileForms for BOI report filing, which streamlines the process similar to TurboTax. This service offers a straightforward, step-by-step guide to ensure accurate filing and save entrepreneurs from potential complications in the future.
As a small-business owner, it's difficult to stay on top of government mandates. For instance, did you know that millions of companies have been required to file BOI (Beneficial Ownership Information) reports with FinCEN since January 2024?
Even if you received that update, you may not have seen the latest news regarding FinCEN announcing that it's not issuing fines or penalties for failing to file.
Take one task off your to-do list for 2025 and make sure you don't fall victim to these fines with FileForms BOI Report Filing. Like TurboTax for tax filing, FileForms is ready to walk you through the reporting process.
FileForms is up to date on the reporting requirements and best practices, taking the guess work out of the process on your end.
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