BOI Filing Services | Liberty Tax Blocks

BOI Filing Services

At Liberty Tax Blocks, we simplify the process of filing your Beneficial Ownership Information (BOI) reports, ensuring you meet all FinCEN requirements accurately and on time.

What is Beneficial Ownership Information (BOI)?

BOI reports must be filed with the Financial Crimes Enforcement Network (FinCEN)

When to File

  • Companies created before January 1, 2024: File by January 1, 2025.
  • Companies created in 2024: File within 90 days of creation.
  • Companies created in 2025 and beyond: File within 30 days of creation.
  • Updated Reports: File within 30 days of changes to reported information.

How to File

BOI reports are submitted electronically through the BOI E-Filing System. Each report includes details about the company’s beneficial owners, such as:

  • Name
  • Date of Birth
  • Address
  • A unique identifying number and issuing jurisdiction from an acceptable identification document, including:
    • U.S. driver’s license
    • Passport
    • State-issued ID
  • An image of the identification document

Penalties for Non-Compliance

Failure to comply with BOI reporting requirements can result in serious consequences:

  • Civil Penalties: Up to $500 per day for late or missing reports.
  • Criminal Penalties: Fines up to $10,000 and imprisonment for up to two years.

For more information, refer to the Small Entity Compliance Guide.

Why Choose Liberty Tax Blocks?

With over 20 years of experience and a team of dedicated professionals, Liberty Tax ensures your BOI reports are filed accurately and on time. Don’t risk penalties – let our experts guide you through the process seamlessly.

Contact Us Today
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