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✨ This mini-course worth $29, available for free, provides the filing steps for US-based companies (including small businesses) that existed before January 1, 2024.

If you decide to report your company's beneficial ownership information to FinCEN, you can do so electronically using the secure BOI E-Filing system on FinCEN's website.

There are 23 valid exemptions that won’t apply to most people, but you can review them here. Guidance from FinCEN includes the advice to check with legal counsel to confirm an exemption if you think you qualify. In addition, they advise you to file if you’re in doubt. If you file accurate and truthful information, there is no penalty for filing even if it’s not strictly required. And, they note that even if an exemption applies, there may still be another requirement that will require filing.

You probably need to file a BOIR if you own a corporation, limited liability company or any other entity that filed a document with a Secretary of State or similar office under state or tribal law. For example, if you are a sole proprietor who has never filed any paperwork with the government, the BOIR probably won’t apply.

➡️ Filing the BOIR in 15 minutes to one hour can save you:
🔺 A fee of up to $199 if a Legal services company does the filing for you.
🔺 The $500 a day penalty if you miss the January 1, 2025 deadline.

✨ This mini-course worth $29 is available for free
✨ No credit card is required.

✨ This mini-course worth $29 is available for free with a 365-day trial that can be canceled anytime.
✨ No credit card is required.
➡️ No Cove Application Required



How to file the Beneficial Ownership Information Report (BOIR) for your small business

Download the BOIR Mini-Course

What’s included in the mini-course?

  • Self-paced course made by small business owners for small business owners!

  • Step-by-step instructions with screenshots.

  • ​PDF version of the mini-course is available for download.

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