Requirement Overview
Resources for BOI Report Approaching Due Date
A new requirement under the Corporate Transparency Act that makes it mandatory for business entities to submit details about their “beneficial owners” to the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury.
Pinion is providing information and resources ahead of the reporting requirement’s approaching deadline and mandated action items – to ensure your business avoids unnecessary and costly penalties.
Reporting deadlines
If Your Business Entity Has Not Filed
Time is of the essence if your business has not filed its Benefit Ownership Information (BOI) to meet the March 21, 2025 reporting deadline.
While we believe most businesses can handle this filing on their own with FinCEN, Pinion understands some prefer additional guidance with preparation and filing. Below is information to help you file before the deadline.
Preparations & Action Required
The exemptions are very narrow, so it’s important to be aware of your entity structure and prepare your reporting information.
More information on preparation, filing instructions, FAQ’s, or a filing demonstration
Reporting Company
Including legal name, trade name or DBA, address, jurisdiction of formation and federal ID number.
Beneficial Owners
Including full legal name, date of birth, address, identifying number and jurisdiction (identification document), OR a FinCEN identifier.
Company Applicants
Full legal name, date of birth, address, identifying number and jurisdiction (identification document), OR a FinCEN identifier (only applicable for those entities formed on or after January 1, 2024).
Need Help? Get Pinion Reporting Assistance as Soon as Possible
With less than 22% of companies nationwide reporting that they have filed BOI information with FinCEN, Pinion offers a reporting service to help businesses with multiple entities manage the complexity of reporting.
To reduce any risk of delay, we request that you sign up as soon as possible to allow the time necessary to process all requests.
Pinion Express-file BOI Reporting Service:
Includes filing analyzer tool (ability to file up to 50 entity reports), input allowed for multiple entities, and direct digital filing with FinCEN.
COST: $800. (Payment is due at sign up via credit card or ACH.)
Please note: All requests to Pinion for BOI reporting help must be made asap. If you have questions regarding this service, please reach out to our Corporate Transparency Act team at CTA@pinionglobal.com.