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Information (BOI) Reporting

New Regulation!

Mandatory Beneficial Ownership
Information (BOI) Reporting

KEY TAKEAWAYS

Must be filed by 12.31.2024 if entity was created before 01.01.2024

  • Businesses created after 01.01.2024 are required to file within 90 days of creation
  • Most Companies that are formed in the US will be required to file this
  • Failure to meet the deadline may result in penalties up to $592 daily

This deadline is approaching rapidly, but no fear - we are here to help with the process. Concierge Employer Services (formerly Comprehensive Employment Solution) and FinTrade Bookkeeping LLC are partnering with a trusted attorney to offer this service at competitive pricing. This can all be found by clicking this link below.

Here you will find a wealth of information about the BOI itself and what is required to file. If you would like to use our attorney partner, you can also sign an engagement letter, fill out an intake form and make payment for it all in one spot. For those of you who have more complex situations (as in multiple entities or a trust that is a partner in the business) you will likely need to schedule a phone consultation as those are to complex to handle with a simple intake form.

The pricing will vary depending on multiple factors, including the type of business, related ownership of other entities, financial (beneficial) control, and other criteria. Base price is $250.00 with one Partner and $75.00 each additional Partner for 1 EIN.

Thank you for your attention to this matter. Please feel free to reach out if you have any questions or need further assistance!

Warm Regards,

Tim Wright, CPA

CFO of Concierge Employer Services

President of FinTrade Bookkeeping LLC

Direct Phone: 972-961-1081