In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do while the order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports. More information is available on FinCEN’s website at https://www.fincen.gov/boi.
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Find Out If You Must File: Beneficial Ownership Quiz

Find out if your company is exempt

Not sure if your business is required to report? Our free Quiz can help you determine if your company must submit the Beneficial Ownership Information Report (BOIR) required by Financial Crimes Enforcement Network (FINCEN).

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Step 1: Company Details

Millions of businesses will be required to file a beneficial ownership report in 2024 to stay compliant with the Corporate Tax Act. There are 23 types of entities that are exempt from these requirements.

Use FileDirect’s free BOIR Exemption Quiz to determine if your organization is eligible and avoid hefty penalties.