➡️ File BOI Report here: https://boiefiling.fincen.gov/fileboir
➡️ Hire a Trusted Company to File Your BOI Report: https://derekkumo.com/recommends/boi-...
In this video, we'll discuss everything you need to know about the BOI Report (Beneficial Ownership Information Report) so you can be clear on what it is. I will also walk you through the step-by-step process of filing the BOI Report for your LLC.
➡ Subscribe to see more BOI Report Updates: / @derekkumo
Other useful resources:
Business banking with no fees (Novo): https://derekkumo.com/recommends/novo
Timestamps:
00:00 Beneficial Ownership Information Report
00:24 What is the BOI Report
00:37 What you need to do for BOI Report
00:50 Corporate Transparency Act
01:03 Penalty for Not Filing BOI
01:18 When does BOI Report goes in effect?
01:28 BOI Report Filing Deadlines (Important)
02:05 BOI Report Filing Exemptions
02:23 Does BOI Report apply to sole proprietor?
02:37 Reporting Company vs. Company Applicant vs. Beneficial Owner
03:19 Note on The Company Applicant
03:39 What info you need to file BOI
04:07 Who can see your BOI Report?
04:50 What is FinCen ID
05:04 BOI Report Filing Instructions (step-by-step)
08:27 Does the BOI Report have to be updated?
08:37 Who can do BOI Report for me
#llc #beneficialownership
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