02/05/2025
Update: as of this week (Feb 17 - 22) the FinCEN filing for all companies registered with a Secretary of State's office is active. If your company is an LLC, partnership, corporation or S-corp, and you have not filed a BOI report, you need to do so within this 30 day window to avoid stiff daily non-filing penalties. Please follow the link to www.fincen.gov/boi and file your report for free with FinCEN.
ORIGINAL POST:
Attention small business owners: If your company is registered with a Secretary of State's office, there is a new FinCEN filing requirement for 2025. It is called a BOI report (beneficial owners information).
Currently this report remains voluntary (at the time of this post).
To receive the most up-to-date information please go to www.fincen.gov/boi
You may also file your report there.
There is no fee to file this report. Do not give your business information to any other 3rd party.
If you are approached to file voluntarily, and are asked for payment, it may be a Scam!
Be sure to check www.fincen.gov/boi regularly for updates on filing requirements for this report, as daily penalties for lack of timely filing are huge.