Beneficial Ownership Information

FREE DOWNLOAD

Resources for Individuals and Businesses

Tax Checklist for Individuals

Your Paragraph text goes Lorem ipsum dolor sit amet, consectetur adipisicing elit. Autem dolore, alias, numquam enim ab voluptate id quam harum ducimus cupiditate similique quisquam et deserunt, recusandae. here

Tax Checklist for Businesses

Your Paragraph text goes Lorem ipsum dolor sit amet, consectetur adipisicing elit. Autem dolore, alias, numquam enim ab voluptate id quam harum ducimus cupiditate similique quisquam et deserunt, recusandae. here

FREE DOWNLOAD

Resources for Individuals and Businesses

Tax Checklist for Individuals

Your Paragraph text goes Lorem ipsum dolor sit amet, consectetur adipisicing elit. Autem dolore, alias, numquam enim ab voluptate id quam harum ducimus cupiditate similique quisquam et deserunt, recusandae. here

Tax Checklist for Businesses

Your Paragraph text goes Lorem ipsum dolor sit amet, consectetur adipisicing elit. Autem dolore, alias, numquam enim ab voluptate id quam harum ducimus cupiditate similique quisquam et deserunt, recusandae. here

850+

Appartment Sale

957+

Completed Project

53+

Award Winning

1539+

Happy Clients

Did you know:


You may be unaware of a new mandate that was put in place recently. Not knowing this information and refusing to file could cost you big time. A Beneficial Ownership Information (BOI) report is a mandatory national filing that’s part of the Corporate Transparency Act (CTA). Effective January 1, 2024, business entities in the U.S. are required to report ownership information to the Financial Crimes Enforcement Network (FinCEN).

Your Company May Be Exempt:


Below you will find a quick list of entity types that are exempt from the BOI filing report, read through this list to see if your company is required to file. If you're still unsure, click the button below to go to a more in deptBullet listh list with information directly stated from the BOI Small Compliance Guide.

If you see your business type below, be sure to look at the in depth list so you are absolutely sure you do not need to file your BOI report to FinCEN.

  • Banks

  • Companies with 20 or more employees

  • Public Utility

  • Credit Union

  • Some Tax Exempt Entities

  • Insurance Companies

  • Companies with a gross income of $5,000,000 or more

  • Accounting Firm

  • Broker or Dealer in Securities

  • Inactive Entity

Filing Deadline for Each Entity:

As stated in the BOI Small Compliance Guideline,

Companies created or registered on or after January 1, 2025, will have 30 calendar days to file their initial BOI reports.

Companies created or registered on or after January 1, 2024, and before January 1, 2025, have 90 calendar days to file their initial BOI reports.

Companies created or registered to do business before January 1, 2024, will have additional time — before January 1, 2025 — to file their initial BOI reports.

Not Filing Could Co$t You:

The willful failure to report complete or updated beneficial ownership information to FinCEN, or the willful provision of or attempt to provide false or fraudulent beneficial ownership information may result:


in a civil or criminal penalties, including civil penalties of up to $500 for each day that the violation continues, up to $10,000


and/or criminal penalties including imprisonment for up to two years

How We Can Help You:

We know that new laws can be full of confusing legal jargon and that you may not have time to learn all of the details in your already busy schedule. That's why our friends over at Your Favorite CPA has a fully trained and knowledgeable crew to take on this task of filing the BOI report for you. They can help you make this process as smooth and streamlined as possible with easy understanding and clear direction to put your company on the right path, without costing the thousands that could hit you should you not report your BOI to FinCEN.

Contact our Friends over at Your Favorite CPA to Get Your BOI Report Filed Today!

Be sure to Mention Great Day Tax Relief when asked how you heard about BOI and their company!!

Email: help@greatdaytax.com

Tel: 800-473-2832

Address: 610 Palo Pinto St. Weatherford, TX 76086