BOI Reporting1
Help Clients Navigate Beneficial Ownership Information Reporting with Ease
On March 2, 2025, the Treasury Department announced it will not enforce any penalties or fines associated with the Beneficial Ownership Information (BOI) reporting rule under the existing regulatory deadlines, and further not enforce any penalties or fines against U.S. citizens or domestic reporting companies or their beneficial owners after the rule changes take effect. The Treasury also announced that it will further issue a proposed rulemaking that will narrow the scope of the rule to foreign reporting companies only.
Therefore, if you wish to provide additional services to your community, you can voluntarily submit beneficial ownership information reports through our partner, BizFilings.
You Can Approach the New BOI in Two Ways
1. Service Offering: Transform Compliance into a Service
Leverage BizFilings BOI reporting tool to provide a crucial service to small business clients while enhancing their revenue stream. This simple online platform allows you to submit client reports quick and securely, handling sensitive personal information with ease. The client BOI reports you submit will be stored on the platform for seamless updating. It’s an effective way to offer a much-needed service and boost your firm’s revenue.
• Use BizFilings BOI reporting tool
To offer a valuable service to small business clients while increasing your revenue stream.
• Quick and Secure Submission
Of client reports, simplifying the management of sensitive personal data.
• Client BOI reports are stored
On the platform for easy updates, allowing your firm to provide a seamless and efficient reporting service.
2. Referral: A Solution for Small Businesses to Meet BOI Filing Requirements Directly
As a tax preparer, you are uniquely positioned as trusted advisor to your clients, which is why Refund Advantage has partnered with BizFilings to provide your clients with a comprehensive BOI reporting solution, saving them time, and ensuring compliance while enhancing your office advisory capabilities. By referring your clients to file BOI reports with BizFilings, you can offer them:
• Expert Insights
Guidance from BizFilings specialists, including the BOI Quiz for your clients to quickly understand their filing obligation.
• Thought Leadership
Utilize resources such as articles, white papers, and webinars to educate your clients about this new federal requirement.
• Exclusive Discounts
Generous discounts on BOI report filing.
Additional BOI Resources
Looking for more resources? Simply, click to download the checklist, the exemptions article, or the the BOI data report.
- Business Ownership Information Reporting solutions are provided by Wolters Kluwer, N.V., which is not an affiliate of Pathward®, N.A. Fees, terms and conditions apply.