.jpg?width=300&height=175&name=Mega%20Menu%20Image%20(1).jpg)
%20(1).jpg?width=300&height=175&name=Mega%20Menu%20Image%20(2)%20(1).jpg)
%20(1)-Mar-08-2024-09-27-14-7268-PM.jpg?width=300&height=175&name=Untitled%20design%20(6)%20(1)-Mar-08-2024-09-27-14-7268-PM.jpg)
%20(1)-Mar-08-2024-09-11-30-0067-PM.jpg?width=300&height=175&name=Untitled%20design%20(3)%20(1)-Mar-08-2024-09-11-30-0067-PM.jpg)
%20(1).jpg?width=300&height=175&name=Mega%20Menu%20Image%20(3)%20(1).jpg)
%20(1).jpg?width=300&height=175&name=Mega%20Menu%20Image%20(4)%20(1).jpg)
%20(1).jpg?width=300&height=175&name=Mega%20Menu%20Image%20(5)%20(1).jpg)
-Mar-08-2024-08-50-35-9527-PM.png?width=300&height=175&name=Untitled%20design%20(1)-Mar-08-2024-08-50-35-9527-PM.png)
.jpg)
%20(1).png?width=1120&height=780&name=Untitled%20design%20(2)%20(1).png)
Reminders + Deadlines
- Entities formed BEFORE January 1, 2024: Must file by January 1, 2025
- Entities formed AFTER January 1, 2024: Must file within 90 days of registration
- Non-compliance penalties: Up to $500 per day (maximum $10,000)
- If not eligible for an exemption, filing is required for corporations, LLCs, and limited partnerships formed in or registered to do business in the U.S.
- Reports must be submitted through FinCEN's official BOI e-filing website.
- There is NO FILING FEE for BOI reporting.
- Be alert to scams. FinCEN will never contact you requesting filing information.
For a detailed overview of reporting requirements, exemptions, and what constitutes beneficial ownership, read our recent blog post.
Resources
Filing Instructions, Compliance, & FAQs
Lutz Accounting
News & Insights
Nonprofit
Grant Funding Cuts + What Nonprofits Need to Know
For many nonprofits, grant funding provides essential resources that keep programs running, ...
Nonprofit
FASB Guidance for Nonprofits: Key Reminders & What’s Ahead in 2026
Keeping up with accounting standards can be challenging for nonprofit organizations, ...
Client Advisory Services
When is it time to outsource my business accounting?
Running a growing business means juggling a lot, and accounting is often the first function ...
Accounting
Improving Internal Controls in Departments with Limited Segregation of Duties
For many organizations, limited staffing means employees wear multiple hats, and that can make ...
Request a Proposal
"Make the complex simple" is something we take to heart. We understand that switching providers may seem daunting, but we are here to make it as seamless as possible.