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Important Update: Under the new rule, FinCEN has revised the definition of a "reporting company" to include only foreign entities.
As a result, domestic companies are no longer required to report BOI to FinCEN.Learn More

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Pricing

BOI Reporting for various industries and pricing

EIN Fee per EIN Lifetime Subscription Fee per EIN
up to 100 $45.00 $175.00
101-250 $40.00 $150.00
251+ $35.00 $120.00

* Exclusive of Govt. fee, if any.

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Exclusive Features

Cutting-Edge Features Built for High-Volume Filers

1099 forms
Gather Beneficial Owner's Information

With Tax1099, you can quickly send “request info” links to your beneficial owners via email, leading them to provide all the necessary details.

state filing
Efficient Bulk Filing

The fast and automated bulk importing process of Beneficial Owners’ data entry can save you hours on each filing.

Payroll Forms
Track Your Filing Status

You can have a collective view of your filings at one place. Easily track the status of each report, identify those in progress or those successfully filed.

ACA Forms
Update or Correct Prior BOI Reports

Effortlessly generate and submit both Initial and Updated BOI Reports. If changes are needed, you can also file a Corrected BOI Report with Tax1099.

Payee Compliance
Streamline Team Collaboration

Provide access & permissions to users to facilitate smooth collaboration. Manage filing by assigning tasks like data entry, review and approval.

Wondering if you're eligible to file BOI Reports

Take this quiz to know
BOI Reporting Exemption Quiz

How to File a BOI Report Online with Tax1099?

Navigating the BOI submission process with Tax1099 is easy and secured

Step-1

Sign Up or Log In

New to Tax1099? Create an account today. Existing user? Simply log in to get started. 

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step-2

Initiate BOI submissions

Use the Tax 1099 interface to start your submission for BOI. Ensure you uploaded all required documents.

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step-3

update on submission Status

Stay informed with immediate notifications about the progress of your BOI submissions including any issues or discrepancies that may arise.

Ready to File Your BOI Reports?

What are we offering

Game-Changing Features to Manage your FinCEN BOI Reporting

Our solutions for tax 1099 BOI reporting are crafted to ensure your business compliance is streamlined, secure and effortless.

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Time & Cost Efficiency

Streamline your BOI report filings to save time and reduce administrative duties. Our solution eliminates manual errors and enhances productivity, enabling you to manage bulk filing effortlessly

Live Support
Simplified compliance

our intuitive and user-friendly platform ensures your business remains compliant with the corporate Transparency Act and FinCEN requirements. We streamline BOI reporting, minimizing risks and avoiding penalties.

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Data security & Integrity

Ensure the protection of sensitive information with top–tier security measures. Our platform is built to secure your business data, ensuring your filing is both safe and compliant.

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Record Keeping

When it comes to your filing records, make sure to keep them safe. Tax1099 allows you to store and access all prior filings from one location for up to 3 years.

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BOI Resources

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Frequently Asked Questions

Doubts? We have the Answers.

A BOI (Beneficial Ownership Information) Report is a document that identifies the individuals who directly or indirectly own, control, or benefit from a company. This report helps ensure transparency and compliance with federal regulations, aiming to prevent financial crimes like money laundering and tax evasion.

Effective January 1, 2024, many companies in the United States must report information about their beneficial owners—the individuals who ultimately own or control the company—to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury.

The BOI report must be filed by certain entities known as “reporting companies.” These include:

  • Corporations: Formed under the laws of a U.S. state or Indian tribe.
  • Limited Liability Companies (LLCs): Formed under the laws of a U.S. state or Indian tribe.
  • Other Similar Entities: Such as limited liability partnerships, business trusts, and other entities created by filing a document with a secretary of state or similar office.

Reporting companies may have to obtain information from their beneficial owners and report that information to FinCEN. If you are wondering whether you are eligible to file BOI reports, try this quiz to know.

Members, or owners, of a limited liability company (LLC) are likely the beneficial owners under the new BOI rule. This makes LLCs as reporting companies that need to file a new report with the federal agency and provide basic contact information about the company and its owners. This requirement applies to single-member and multi-member LLCs, all of which are considered reporting companies, and therefore also would need to identify beneficial ownership information in the BOIR.

All businesses that fall under the definition of a reporting company must file a beneficial ownership information report (BOIR) with the Financial Crimes Enforcement Network (FinCEN). Tax1099 helps you file BOI Reports

There are 23 types of entities that are exempt from the beneficial ownership information reporting requirements. These entities include publicly traded companies meeting specified requirements, many nonprofits, and certain large operating companies.