BOI Reporting Update: What You Need to Know

Beneficial Ownership Information (BOI) Reporting

BOI Reporting Update: What You Need to Know

As of February 17, 2025, a federal court has lifted the injunction affecting BOI filing requirements.

Key Updates

  • 30-Day Extension Granted — FinCEN has extended the deadline for BOI report filings.

  • New Filing Deadline: March 21, 2025

  • Future Legal Action Possible — While an appeal to the Supreme Court could occur, previous rulings suggest that BOI filing requirements will remain enforceable by FinCEN.

How to File

  • Visit the official U.S. Treasury website at www.fincen.gov

  • Upload your photo ID and complete the report questionnaire

⚠️ Important:

  • Only use the official FinCEN site.

  • Do not use third-party “look-alike” websites — many charge unnecessary fees and may not file your report.

  • Some fraudulent sites could be malicious or collect your personal information.

  • There is no cost to file your BOI report through the official website.