How to avoid a $591/day penalty if you own a business

Beneficial Ownership Information (BOI) Reporting has been challenged in court over the last several months. Unfortunately, the federal government won an appeal recently and BOI Reporting is now required again.

If you haven’t filed your BOI Report yet, (or have no idea what that is), read on…

32 million (yes, you read that right) businesses need to file a BOI Report with the federal government.  Here’s a quick breakdown:

  • A BOI Report is a legal filing requirement 💼
  • It includes information about the business as well as individuals who own or control that business 👨‍💼 👩‍💼
  • It can be complex and time-consuming ⏳
  • Deadline is now 3/21/25 🗓️
  • There are HUGE financial penalties for being out of compliance – $591/day 😱

Now that the bad news is out of way, here’s the good news:

We’ve partnered with CTA Integrity – a legal services company specializing in BOI Reporting.  Here’s a quick rundown:

✅ Filing takes a matter of minutes (instead of hours)

✅ Their team will handle all the heavy lifting (processing, due diligence and filing) for you

✅ No-fee guarantee – you can have peace of mind that your business is protected from financial penalties

Because you’re a client of Rise Accounting, we have special pricing for you.  Use code RISEACCOUNTING25 for a 25% discount (from $499 to $375…expires on 03/21/2025)

Click this LINK to see if your business is required to file a BOI Report.  If so, you’ll be directed to a secure filing form where you can complete your BOI Report in minutes, and we’ll take it from there.