The following content is brought to you by PCMag partners. If you buy a product featured here, we may earn an affiliate commission or other compensation. Deal pricing and availability are subject to change after the time of publication.A new law passed that’s catching small business owners off guard: The Financial Crimes Enforcement Network (FinCEN) is now requiring millions of businesses to report beneficial ownership information (BOI) before January 1, 2025. It’s like having to do your taxes for the first time all over again.But, with FileForms, you can turn the estimated 3-hour process into just 10 minutes. File your BOI report online with StackSocial’s exclusive price of $89 (reg. $179). FileForms will remind you a lot of TurboTax, and it’s cheaper than other BOI tools.A beneficial owner is someone who directly or indirectly owns or controls at least 25% of your company. The purpose of filing the report is for FinCEN to verify your business is legitimate. FileForms not only speeds up the BOI report filing process, but also helps you ensure compliance and avoid penalties (up to $10,000) for not meeting requirements. This payment is for a one-time filing and ideal for businesses who don’t plan on ownership changes, though there is an unlimited plan available on the sales page if you’re anticipating big moves in the near future.
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(Credit: StackCommerce)
Meet the BOI report requirements in minutes, not hours, with FileForms for $89 (reg. $179) on StackSocial. StackSocial prices subject to change.
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