X Success! Thank You for Downloading TaxBandits’ BOI Brochure!. Please check your email now!. FinCEN Update (March 21, 2025): BOI reporting requirements now apply only to foreign companies; Domestic companies are exempt from reporting. Learn More × Success! Thank You for Downloading Form 941 Excel Template from TaxBandits! Please check your email now! Your Trusted Platform for Simplified BOIR Filing Whether you're a business owner filing BOIR for your company or a service provider handling BOIR filings for clients, TaxBandits has everything you need! Benefits of Filing BOIR with TaxBandits Essential features for worry-free BOI filing BOIR Protect – $1 Million BOI filing defense Free corrections and updates Free retransmission of rejected reports PRO features tailored for high-volume filers Bulk Data Import New Comprehensive client management system Streamlined team management FinCEN compliance reminders A Reliable BOI Reporting Solution for Everyone Business Owners An easy-to-use software that simplifies the BOI reporting process with FinCEN for reporting companies of all sizes. Law Firms and Attorneys Whether your law firm is filing as a reporting company or assisting clients with BOI reporting, TaxBandits is your perfect solution. Registered Agents Provide BOI reporting services to every new business you register, ensuring FinCEN compliance while driving your business growth. Tax Professionals A tailor-made solution for CPAs and accountants to manage the BOIR filings efficiently in one place for a high volume of clients. Platforms If you’re a domain registrar, HOA, or any other software provider, expand your services to include BOI Reporting and boost your revenue. Registered Agents Provide BOI reporting services to every new business you register, ensuring FinCEN compliance while driving your business growth. Law Firms and Attorneys Whether your law firm is filing as a reporting company or assisting clients with BOI reporting, TaxBandits is your perfect solution. Businesses An easy-to-use software that simplifies the BOI reporting process with FinCEN for reporting companies of all sizes. Tax Professionals A tailor-made solution for CPAs and accountants to manage the BOIR filings efficiently in one place for a high volume of clients. Platforms If you’re a domain registrar, HOA, or any other software provider, expand your services to include BOI Reporting and boost your revenue. Worried About Handling FinCEN BOIR Notices and Inquiries? We’ve Got You Covered! TaxBandits has partnered with Protection Plus to ensure a worry-free BOI filing through ‘BOIR Protect’ for a year. $1 Million BOI Filing Defense Focus on your business while Tax Protection Plus deals with any FinCEN notices or inquiries you may receive. This program provides up to $1M in services to assist in reaching a resolution. $10,000 Preparer Error Guarantee If a legitimate error is made in preparing a BOI filing that results in penalties for you or your client, this program qualifies you for reimbursement of up to $10,000 for amounts you pay on behalf of yourself or your client. Intuitive Software Built With Innovative Features for Streamlined BOIR Filing Leverage our time-saving features and complete the BOI filing online in just 10 minutes! Comprehensive Solution We support all types of BOI reports - Initial, Correction, Update, or Newly Exempt Entity reports in one convenient place. Easy Corrections To file a correction or update, simply update the existing data and submit it instead of starting the report all over. Address Book Simply pull your client’s BOIR data from your Address Book and avoid redundancy while preparing a BOI report for them. Invite Beneficial Owners Send invites to the company’s beneficial owners, allowing them to complete their details via a secure URL. AI Data Extract Let our AI system automatically extract data from identifying documents you upload, eliminating manual entry. Record Keeping All your BOI reports are securely stored with us, and you can access them and download the transcripts anytime. Schedule Filing Schedule your BOI reports on your desired date and make changes anytime before transmitting to FinCEN. Free Retransmission If FinCEN rejects your BOI report for any errors, fix them and resubmit it at no additional costs. Exclusive Features for High-Volume BOIR Filers! PRO Our intuitive software comprises various exclusive features tailored to streamline the BOI reporting process for tax professionals, law firms, and other service providers who manage BOI filings for a large volume of clients. Engagement Letter Customize engagement letters with your own terms and conditions, auto-fill client details, request e-signs, and update them anytime. FinCEN Compliance Reminders Set up automated reminders regarding updates and upcoming deadlines from FinCEN, eliminating manual follow-ups. Client Notifications Keep your clients in the loop regarding the status of their BOI reports with automated notifications and real-time updates. Bulk Upload New Streamline your BOI filings with the Bulk Upload feature! Use the standard CSV template to import data in one go, saving time and reducing the manual process. Download Our CSV Template Secure Client Portal Enable BanditConnect, a secure portal customized with your own brand, facilitating seamless collaboration, data exchange, and review & approval process. Team Management With BanditCollab, our team management tool, invite unlimited team members, assign them pre-defined roles, and delegate your BOI report filings. BanditGuarantee Errors may occur in your BOI reports, but with TaxBandits backing you up with a robust range of solutions ensuring FinCEN compliance, you can put those worries to rest! BOIR Protect Focus on your business while your FinCEN notices and inquiries are taken care of with a 1-year compliance coverage powered by Protection Plus. Free Corrections & Updates Based on the pricing plan you choose, you have a 7-Day or a Year to make corrections or updates to your BOI report. Free Retransmission Did FinCEN reject your BOIR report due to any errors? No worries! You can fix the errors with our assistance and resubmit the report for free. Refund for Duplicate Filing If FinCEN rejects your BOI report as a duplicate filing, we will refund your filing fee as BanditCash (Wallet Money) to your TaxBandits account. Unlock New Opportunities, Maximize Your Revenue According to FinCEN, an estimated 32.6 million small businesses must file a BOI report this year. As a CPA, these new regulations bring you a significant opportunity. By offering BOI filing services to your clients using TaxBandits, you can ensure their compliance while creating a new revenue stream for your practice. API Integration Effortlessly integrate our API into your existing system to streamline and enhance your BOI filing process. White-Label Service Maximize your earnings by customizing our solution with your branding, fusing your distinct identity with our cutting-edge technology. Affiliate Programs Earn commissions by adding your referral link to your website or social media. Each client who files BOIs through TaxBandits adds to your revenue stream. Download Guide How to File BOIR with our Software? Step 1: Choose your Report Type Select the type of report, such as initial, update, correct, or newly exempt entity, you want to submit with FinCEN. Step 2: Complete your reporting information Enter all the information in your report, such as the reporting company's, beneficial owner's, and company applicant's information. Step 3: Review & Submit your report Review all the information you've entered, choose the pricing plan that fits your business, and transmit your BOI report to FinCEN. Our Helpful Tools to Simplify Your BOI Filing BOIR Exemption Checker Find out whether your company needs to file a BOI report. Find Your Eligibility BOIR Due Date Finder Determine the due date for filing your BOI report. Find Your Due Date Our Customer Reviews Trusted and loved by users like you. 4.8 rating of 12,784 reviews L Luis Collazo I absolutely love the Beneficial Owner inviting option—it’s made my job so much easier and I’m no longer stressed about getting the info right. A Allen Cohen New revenue stream unlocked! We were searching for a BOI API solution to integrate into our existing system and finally found the perfect one. Thrilled to have chosen TaxBandits! J Jay Polonsky We are able to offer FinCEN BOI solutions to our clients while maintaining our brand identity and customer experience, which gives us a competitive edge over others. I Igor Mandryka Filing BOIR reports used to be such a pain but your software totally changed that. It's so complete, handling everything from Initial to Correction reports, made it all so much easier. See how TaxBandits facilitated various businesses to File Form BOIR efficiently! View More Reviews Data Security is Our Highest Priority - Secure BOIR Filing Guaranteed! As a SOC-2 certified provider, TaxBandits safeguards your sensitive information, including PII data like SSNs, using robust security measures. Learn more. Frequently Asked Questions About BOI Filings What is a BOI filing? Under the Corporate Transparency Act (CTA), certain foreign entities in the United States must submit Beneficial Ownership Information (BOI) Reports to the Financial Crimes Enforcement Network. This filing includes information about individuals who directly or indirectly own or control the entity, helping to promote transparency and prevent illegal activities such as money laundering and terrorist financing. Who is required to file BOI? According to the FinCEN: Foreign entities that are registered to do business in the U.S. and meet the definition of a "reporting company" are required to file BOI reports. U.S. companies and individuals are no longer required to file BOI. The rule exempts domestic entities (previously known as "domestic reporting companies") from this reporting requirement. When is the deadline for BOI filing? Foreign entities registered before the interim final rule's publication must file their BOI reports within 30 days of the publication date. Foreign entities registering after the publication date have 30 calendar days to file their initial BOI report after receiving notice that their registration is effective. What information is required in the Beneficial Ownership Information (BOI) report? Primarily, you’ll need the following information to complete your BOI report. Reporting company details such as Name, EIN, Address, etc. Type of the report (Initial, Update, Correct or Newly Exempt Entity) Information about the Beneficial Owners (Name, Date of Birth, Address and Identity Proof) Details of the Company Applicant(s) (Name, Date of Birth, Address and Identity Proof) Visit https://www.taxbandits.com/fincen-boi/boi-instructions/ to learn more about BOI filing Instructions. Who is the beneficial owner of a company? According to FinCEN, beneficial owners can be Any individual or entity who has substantial control over a reporting company or An individual or entity that owns or controls more than 25% of the ownership interest over a reporting company, either directly or indirectly. Click here to learn more about the beneficial owner(s) of a company. Who is the company applicant of a reporting company? A company applicant is a person responsible for preparing and filing the documents with the secretary of state or with a similar office to register the reporting company. A reporting company can have up to two company applicants. If more than one person is involved in the filing process, the primary person can be considered a designated company applicant. Click here to learn more about the company applicants of a reporting company. Webinars Videos Blogs Helpful Resources Check out our recent BOIR webinar series! Helpful Videos for BOI Filings Our Recent Blogs on FinCEN BOI Filing BOI Report Essentials: A Guide for Company Applicants New Feature Alert in BanditConnect: TaxBandits’ Workflow Reminders Feature for Tax Pros BOI Reporting Deadline is Just Three Months Away – TaxBandits Has You Covered! Helpful Resources to File Beneficial Ownership Information Report Online BOI Reporting Requirements FinCEN BOI Report Filing Instructions BOI Report For LLC X Explore TaxBandits to Streamline BOI Reporting for Your Clients! Enter your details below and download our brochure to get a comprehensive understanding of our solution. Contact Name Email Address Phone Number Subscribe to get auto-reminders about BOI Reporting and FinCEN updates Download Now X X X X X X X X X X X X X X X X Welcome to TaxBandits Explore our exclusive features, crafted to meet the needs of every business and tax pro. I’m a Tax Pro I’m a Business Owner Are you a Developer looking for an API Solution? Click here. X How to File BOIR with TaxBandits? Start BOI Reporting Enter the legal name of your reporting company to start the BOI report. Next Choose Report Type Select the type of report (Initial, Correct, Update, Newly Exempt Entity) you want to submit. Back Next Add Reporting Company Enter your reporting company's information, such as name, TIN, address, registration state, and year. You can also request a FinCEN Identifier, which will be provided after your report is accepted. Back Next Add Company Applicant A company applicant is the person responsible for filing the registration. Click the learn more option to learn about company applicants. Back Next Add Company Applicant Information Enter the company applicant details manually or select them from the address book if they already exist. Back Next Upload Identification Documents Upload the company applicant’s identification document here; our AI will extract the details and auto-fill the information. Back Next Add Beneficial Owners Enter the beneficial owner details manually or select them from the address book if they already exist. Back Next View Summary Review all the entered information and make any necessary changes before submission. Back Next Submit or Schedule Report Submit your report or schedule it for later submission. After you complete the payment, the report will be automatically transmitted to FinCEN on the scheduled date. Back Next BOI Report Submitted Successfully! We’ll keep you posted via email regarding the FinCEN status of your report. Request Demo Get Started Now Back Start Over X