The Financial Crimes Enforcement Network (FinCEN) requires most legal entities, domestic or foreign, to report their beneficial ownership information (BOI). Learn the ins and outs of the BOI filing to help your business-owner clients avoid non-compliance and strict penalties.

Learning Objectives:

• Define what a BOI report is and identify which types of entities have to submit a report to the FinCEN


• Name the 23 business exemption types listed within the FinCEN’s reporting rules that do not have to file a BOI


• List filing due dates for both new and existing companies


• Identify details needed to properly complete and file a BOI

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222