Overview

Accelerate Your BOI Verification with Utmost Privacy and Ease

Our solution is tailored for every entity, including business owners, legal and accounting professionals, and small and medium businesses.

  • Request for your FinCEN ID for Free and Update or Correct Prior BOI Reports with Tax1099.
  • Store and access all prior filings for up to 3 years from one location.
  • Missing the filing deadline can lead to severe criminal and civil penalties. We guarantee your filing complies with all federal regulations, protecting you from legal liability.

Wondering if you're eligible to file BOI Reports

Take this quiz to know

Ready to File Your BOI Reports?

Step by Step Guide

How to eFile BOI Reports?

Go to Tax1099’s dashboard, select BOI Reporting, and click on file BOI.

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No credit card required

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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
100-250 $40.00 $150.00
250+ $35.00 $120.00

* Exclusive of Govt. fee, if any.

Exclusive Features

Designed for Fast and Accurate BOI Filings

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
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.

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.

Companies required to report are called reporting companies. Reporting companies may have to obtain information from their beneficial owners and report that information to FinCEN. You can visit: ______ and fill in the quiz to check your eligibility.

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.

BOI reporting requirements are on hold for members of the National Small Business Association and an Alabama businessman, who won a summary judgment in March in their lawsuit over the CTA.