Corporate Transparency Act
Beneficial Ownership Information (BOI) Reporting
BOI reporting solution for busy entrepreneurs managing multiple
entities and partnerships.
Our Mission
Facilitate Efficient BOI Reporting Compliance
We understand the importance of meeting reporting obligations with ease, which is why we offer a secure, technology-driven solution designed to streamline the process and provide a step-by-step workflow.
We believe that compliance should not be a burden for business owners, and that is why we aim to make the process as seamless as possible. Our solution is user-friendly and efficient, allowing you to complete your reporting obligations with just a few clicks.
We understand that navigating the complexities of regulations can be daunting, which is why we provide expert guidance and support to help you navigate the complexities of interpreting and implementing this new filing requirement with confidence.
Our mission is to empower business owners by providing them with tools, knowledge and resources to collaborate effectively with their team and to maintain hassle-free compliance.
Our Process
Step 1
Step 2
Provide information in step-by-step workflow
Step 3
Review, approval and filing
Step 4
Receive proof of initial filing and ongoing support.
Platform Features:
Safe online data collection and filing
Streamline reporting with centralized data storage
Simple workflow with clear step-by-step guidance
Alerts and reminders for continuous compliance
Support for filing initial, updated, and corrected reports
Our Services
Beneficial ownership interest reporting
- Access to secure, online platform, with user-friendly dashboard to monitor report status.
- Ability to track reports for multiple companies from the same dashboard.
- Workflow with step-by-step instructions to make reporting process more efficient.
- Collaborate with multiple beneficial owners, so that each can provide information themselves.
- Automated reminders to ensure that your reports stay on track.
- Submission of your BOI report to FinCEN through the platform.
- Confirmation of successful filing to FinCEN.
- Annual fee include ongoing access to platform, alerts and reminders to ensure ongoing compliance, and up to 4 initial, updates and corrected reports.
Filing starts a $149 per entity
Meet Our Founder
Jennifer, a CPA, business owner, real estate fund manager and investor, has an extensive background in accounting and compliance services, with over 20 years of experience in audit, financial reporting, and corporate accounting.
With firsthand knowledge of the hurdles faced by small businesses, she established Easy BOI Reporting to address the need for a streamlined reporting solution.
Jennifer is thrilled to collaborate with FincenFetch to offer an automated BOI report filing system aligns perfectly with her mission to empower entrepreneurs and small businesses.
Jennifer Semien, CPA
Founder
Frequently Asked Questions
What is BOI Reporting?
Beneficial Ownership Information (BOI) Reporting is a requirement under the Corporate Transparency Act that mandates certain businesses to report the personal details of their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). Its purpose is to combat money laundering and financial crimes by increasing transparency in business ownership.
Who needs to file a BOI report?
Most corporations, LLCs, and other entities created by filing with a state or tribal office in the U.S. need to file a BOI report. There are specific exemptions, such as publicly traded companies, certain regulated entities, and companies that meet specific size and operational criteria.
What information is required for BOI Reporting?
You'll need to provide details about the beneficial owners of your company, including their name, date of birth, address, and an identification number (from a passport, driver’s license, or other government-issued ID). If applicable, a FinCEN ID can also be used.
.
Frequently Asked Questions
When are BOI reports due?
The deadlines depend on when your entity was created or registered. Generally, entities formed or registered before January 1, 2024, have until January 1, 2025, to file. New entities have specific deadlines based on their formation date. We can help you determine and meet your specific deadline.
What is a FinCEN ID, and do I need one?
A FinCEN ID is a unique identifier issued by FinCEN to individuals or entities, allowing them to use this ID instead of personal information for BOI reporting. It's not mandatory but can simplify the reporting process and enhance privacy.
What happens if I don’t comply with BOI Reporting requirements?
Failure to comply can result in civil and criminal penalties, including fines and imprisonment. It’s crucial to ensure timely and accurate reporting to avoid such consequences.
Frequently Asked Questions
What are the advantages of filing with Easy BOI Reporting?
We offer a streamlined platform that simplifies the filing process, ensuring compliance with FinCEN’s regulations. Our services include report preparation workflow, filing submission with FinCEN, and ongoing compliance reminders. Members maintain continued access to the platform, allowing for filing of easy updates or corrections when necessary.
Can I file with Easy BOI Reporting if I own multiple companies?
Yes! Our platform is designed to efficiently manage BOI reporting for business owners with multiple entities. We offer tools and services tailored to streamline the filing process across your entire portfolio.
Is my information secure with Easy BOI Reporting?
Absolutely. We prioritize the security of your data using industry-standard encryption and secure protocols to protect sensitive information throughout the reporting process.