BOI (Beneficial Owner Information) reporting is a new mandatory business filing requiring most U.S. companies to submit their beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN) in 2024.

While the actual requirement to report the BOI information is very real, the reporting has led to the latest scam by fraudsters. Businesses are beginning to receive by mail a fraudulent “Mandatory Beneficial Ownership Reporting” form. Be leery as these forms appear to be very real.

Example of BOI form from fraudsters:

FinCEN reporting can be done either online through their website at https://www.fincen.gov/boi or you can have us assist with your reporting process.

If you are interested in learning more about the BOI reporting process, please contact [email protected].