Get a Fast, Professional BOI Report for Your Business
Stay compliant with the new Federal requirement. Avoid criminal & civil penalties by reporting your company's Beneficial Ownership Information (BOI). Let our local experts assist you in a stress-free and accurate filing for just $149.
File With Confidence
Avoid Serious Penalties
Friendly Local Support
Trusted by 2,000+ Colorado Business Owners
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Why use J&B to assist in filing your Beneficial Ownership Information (BOI) ?
Get Compliant Fast
Meet federal reporting requirements quickly and accurately. We handle the filing of your business's Beneficial Ownership Information (BOI) with FinCEN, ensuring compliance with ease.
Avoid Penalties
Failure to report can lead to fines of $500 per day and potential jail time. We guarantee compliance and ensure an accurate, timely BOI report filing to safeguard your business's reputation and maintain legal compliance.
Local Colorado Support
As a locally owned and operated business in Denver, Colorado, we pride ourselves in our friendly and responsive support that is so hard to come by these days. Creating a stress-free filing process for our customers.
Choose Your BOI Compliance Package
At Joseph & Bryant we believe in transparent pricing, so what you see he
Basic Compliance
MOST POPULAR
Standard Compliance
Premium Compliance
What is Beneficial Ownership Information ?
Beneficial Ownership Information (BOI) refers to the details about the individuals who ultimately own or control a business. It includes information about people who benefit economically from a company's activities or have significant influence over its decisions. Understanding BOI helps authorities trace the real individuals behind a business, aiming to increase transparency and prevent financial crimes like money laundering and terrorism financing. BOI reporting requires businesses to disclose this information to regulatory bodies like FinCEN to ensure transparency and legal compliance.
Who is required to file a BOI report?
If you've set up a corporation or an LLC, you'll likely need to submit a report called the Beneficial Ownership Information (BOI) report, unless your business qualifies for an exemption. This applies not only to corporations and LLCs but also to other types of businesses that have filed official paperwork with the state. These rules come from the Corporate Transparency Act. Essentially, if you've registered your business with the government, you'll probably need to file a BOI report. This includes both companies created in the U.S. and those created abroad but operating here. Some big companies and certain older inactive businesses don't have to file, though. It's important to follow these rules to stay compliant with government regulations.
What are the penalties for not filing ?
Every business bears the responsibility of submitting a Beneficial Ownership Information Report, outlining all individuals who have control or ownership in the business. Failure to adhere to the reporting requirements or providing misleading information to the Financial Crimes Enforcement Network (FinCEN) can result in significant consequences.
Individuals who willfully neglect to follow reporting regulations or deceive FinCEN may face criminal and civil penalties. Criminal penalties could include imprisonment for a maximum of two years and/or fines of up to $10,000. Moreover, civil penalties of up to $500 per day may be enforced for noncompliance.
Joseph & Bryant LLC is a document filing service. We are not a law firm and cannot offer legal advice. Likewise, we are not an accounting firm or a tax advisor. The information on our website is for general informational purposes only and is not legal, accounting or tax advice. If legal, accounting or tax advice is required, you should seek the services of an appropriate professional. Use of the website is subject to our Terms of Service and Privacy Policy.
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