News & Events

FinCEN is Now Accepting Beneficial Ownership Information Reports

We previously advised on the Financial Crimes Enforcement Network (FinCEN) beneficial owner information reporting requirements for applicable companies under the Corporate Transparency Act. FinCEN is now accepting beneficial ownership information reports and has launched an online portal for companies to file their mandated reports. Reports can be printed and filled out or completed online here.

Companies are reminded that they will need to provide several categories of information for both the corporate entity and any beneficial owners, including:

  • Addresses
  • Tax Identification Information
  • Registration Information
  • Corporate and Individual Identification Documentation

The Corporate and Business Services attorneys at Mansour Gavin are prepared to assist with these mandatory filings. Those companies that are required to report that were in existence as of 12/31/2023 must file their BOI report no later than 12/31/2024. If a reporting company was formed between 1/1/2024 and 12/31/2024, you have ninety days from formation to file your BOI report. Companies formed 1/1/2025 and thereafter must file within 30 days of formation.

Mansour Gavin LPA is an established law firm founded in 1954 with offices in Cleveland and Independence, Ohio. The firm provides a wide range of legal services to individuals and many successful privately held and publicly traded corporations.