BOI Compliance
SPAAR is collaborating with Wolters Kluwer, a financial services solutions company, to offer members an optional BizFilings Beneficial Ownership reporting solution.
get started with Wolters Kluwer
The January 1, 2025, federal deadline to submit Beneficial Ownership Information (BOI) reports to FinCEN is fast approaching.
Small businesses, including real estate brokers and property managers, are required to file Beneficial Ownership Information (BOI) reports to the Financial Crimes Enforcement Network (FinCEN) by January 1, 2025, per the Corporate Transparency Act.
This Act, which became effective on January 1, 2024, was passed by Congress in 2021 to crack down on money laundering, financing of terrorism, tax fraud and other illegal acts.
Does my business need to file? Take the short BizFilings’ BOI quiz to find out your filing status.
Use BizFilings’ BOI Filing solution for fast and accurate BOI Filings
Streamlined Process
Reduce confusion and minimize errors with a guided five-step filing process
Secure and Reliable
Safeguard your sensitive personal information (PII) with our robust system security
Efficient Filing
Save time with a fast, automated reporting process that cuts hours off each filing
Reduce Risk
Remove the threat of harsh civil and criminal penalties for non-compliance
20% Discount
SPAAR members who choose to work with Wolters Kluwer for this service will receive a 20 percent discount off the price.
get started with Wolters Kluwer
BOI Reporting – What Small Business Owners Need to Know Before 2025
Top 5 Things Small Businesses Need to Know About Corporate Transparency Act
This video covers many topics include what is a beneficial owner, why this requirement exists, who needs to file, who’s exempt and what information needs to be reported.