Stay Compliant. Avoid Penalties. Protect Your Business.

As of 2024, the Corporate Transparency Act (CTA) mandates that certain U.S. companies disclose detailed Beneficial Ownership Information (BOI) to the Financial Crimes Enforcement Network (FinCEN). This federal requirement is designed to prevent illicit financial activity conducted through anonymous entities.

At The Accounting Firm, we help businesses understand, prepare, and file their BOI reports accurately and on time, eliminating the risk of costly penalties and legal consequences. Our services are CPA-led and built on a deep understanding of both the law and the filing mechanics.

Why BOI Reporting Matters

Under the CTA, failure to comply can result in:

• Civil penalties of up to $500 per day for ongoing violations
• Criminal fines of up to $10,000 and up to two years imprisonment for willful noncompliance or false reporting

Our role is to help you file confidently, correctly, and without delay.

Our BOI Reporting Services Include:

Professional Report Preparation & Filing

We prepare and submit your BOI report on your behalf, ensuring that all information is complete and accurate according to FinCEN requirements.

Benefit: Eliminate guesswork and reduce the risk of reporting errors or omissions that could lead to legal exposure.

Ongoing Compliance Monitoring & Updates

We track deadlines for updates or corrections when your company undergoes changes to its ownership structure or leadership.

Benefit: Stay compliant year-round without missing key filing windows or required updates.

Entity Assessment & Applicability Review

Not sure if your business qualifies? We’ll assess your entity type and exemption status and advise on whether BOI reporting applies.

Benefit: Gain peace of mind knowing whether you’re required to file, and what specific steps you must take.

CPA-Led Oversight

All filings are reviewed and overseen by licensed CPAs, ensuring regulatory precision and providing you with an added layer of confidence and accountability.

Benefit: Rely on expert guidance backed by deep compliance experience—not just a form-filling service.

Why Choose The Accounting Firm?

• Trusted Compliance Partner: We understand the CTA and guide you through each requirement with clarity and professionalism.
• Risk Mitigation: Avoid costly penalties and safeguard your company’s reputation with accurate, timely reporting.
• Hands-Free Process: We handle the details from start to finish—saving you time and reducing your administrative burden.
• Tailored Support: Whether you’re a startup, small business, or complex ownership structure, our service is personalized to your needs.

Let The Accounting Firm take the complexity out of BOI compliance.
Avoid penalties. File with confidence. Stay focused on running your business.