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EdgarAgents and FinCEN Filing Agents Statement on CTA/BOI Extended Deadline

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EdgarAgents and FinCEN Filing Agents Statement on CTA/BOI Extended Deadline

EdgarAgents and FinCEN Filing Agents Statement on CTA/BOI Extended Deadline

NEW YORK, December 23, 2024 – Following the Fifth Circuit Court of Appeals’ decision on December 23, 2024, reinstating the Corporate Transparency Act (CTA), FinCEN has issued updated deadlines for Beneficial Ownership Information Reporting (BOIR):

  • Reporting companies created or registered before January 1, 2024: Deadline extended to January 13, 2025 (previously January 1, 2025). 
  • Reporting companies created or registered between September 4, 2024, and December 23, 2024: Deadline extended to January 13, 2025.
  • Reporting companies created or registered between December 3, 2024, and December 23, 2024: Deadline extended by 21 days from their original deadline.
  • Reporting companies created or registered on or after January 1, 2025: Must file within 30 days of their creation or registration. 

As always, our mission at both EdgarAgents and FinCEN Filing Agents is to make your filing and compliance process easier. We will continue to update you about any changes that could affect your reporting obligations.

EdgarAgents and FinCEN Filing Agents Statement on CTA/BOI Texas Court Order

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EdgarAgents and FinCEN Filing Agents Statement on CTA/BOI Texas Court Order

EdgarAgents and FinCEN Filing Agents Statement on CTA/BOI Texas Court Order

NEW YORK, December 04, 2024 – A U.S. District Court in Texas issued a nationwide preliminary injunction on Dec. 3, 2024, against the enforcement of the Corporate Transparency Act (CTA). The order cited concerns about the constitutionality of Beneficial Ownership Information Reporting (BOIR) and its impact on small businesses. As a result, this Court’s decision stops CTA enforcement for now, though appeals are expected.

At EdgarAgents and FinCEN Filing Agents, we specialize in compliance efficiency so you can file with confidence. To that end, know that we are monitoring this fluid situation, working with our legal and regulatory partners behind the scenes and will keep you informed.

In the meantime, it’s important to note this injunction is temporary and not permanent. We consider it a legal pause in the CTA compliance process that companies should take into consideration as they prepare for the BOIR filing deadline of Jan. 1, 2025. While this injunction will likely end up in protracted litigation and appeals, we do not think that the CTA will disappear.

As always, our mission at both EdgarAgents and FinCEN Filing Agents is to make your filing and compliance process easier. We will continue to update you about any changes that could affect your reporting obligations.

NAEA to Provide Members with BOI eFile Solution from FinCEN Filing Agents

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National Association of Enrolled Agents to Provide Members with Beneficial Ownership Information eFile Solution from FinCEN Filing Agents

NEW YORK, October 22, 2024 — EdgarAgents LLC (EA).

The nation’s leading community for federally licensed tax practitioners to offer premium filing service for clients to comply with Corporate Transparency Act deadline of Jan. 1, 2025

National Association of Enrolled Agents to Provide Members with Beneficial Ownership Information eFile Solution from FinCEN Filing Agents

NEW YORK, October 22, 2024 – FinCEN Filing Agents, a leading provider of beneficial ownership information filing solutions and subsidiary of EdgarAgents, announces today a partnership with the National Association of Enrolled Agents (NAEA) to help companies comply with the Corporate Transparency Act (CTA). The partnership establishes FinCEN Filing Agents as an official service provider for NAEA members to electronically file and report Beneficial Ownership Information (BOI) required by the CTA.

“We are delighted to announce this partnership with NAEA as millions of beneficial owners prepare to file and comply with the CTA prior to the deadline of Jan. 1, 2025,” said Chris Taylor, Executive Director at FinCEN Filing Agents. “Teaming up with the NAEA underscores our commitment to making compliance easier and more accessible for enrolled agents, while allowing them to provide added value to their clients during this crucial year-end time frame.”

Congress enacted the Corporate Transparency Act in 2021 to curb illicit finance and the law requires many companies doing business in the United States to 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.

This partnership with FinCEN Filing Agents will provide NAEA members and their clients with a premium solution to efficiently process BOI filings electronically. As a result, NAEA members now have access to exclusive discounts and premium support to efficiently, accurately, and confidently assist clients with FinCEN filings. Members also can benefit from guarantees of their preparation work through a $1 million audit-defense program provided by Tax Protection Plus.

FinCEN Filing Agents offers a tailored eFile platform solution and related filing services with features such as bulk-data import that saves time, report cloning, intuitive tool tips, real-time validation and test filing, as well as utmost data security through the company’s SOC 2 certification. 

Additionally, FinCEN Filing Agents’ eFile platform boasts a built-in and convenient preparer-beneficial owner collaboration workflow that allows beneficial owners to conduct final reviews and ultimately execute a live filing.

To help members navigate these new requirements, the NAEA and FinCEN Filing Agents will host a free educational webinar on Oct. 25, 2024, at 1 p.m. ET. Anyone can register for the free webinar that will demonstrate how enrolled agents can use FinCEN Filing Agents’ solution to help their clients comply with the CTA, provide a detailed demonstration of the BOI eFile solution and offer a chance for participants to ask questions.

About FinCEN Filing Agents, LLC.

EdgarAgents (EA), the company behind FinCEN Filing Agents, is a leading regulatory compliance filing agency with nearly 500,000 reports filed to SEC, FinCEN and other entities since its inception in 2008. EA serves registered asset management companies, public and private companies, beneficial owners, in-house and outside counsel, corporate compliance teams, advisory and accounting teams, private equity and investment banking partners. FinCEN Filing Agents’ products and services are not affiliated with or approved by the U.S. Department of Treasury or FinCEN. 

Media Contact: 
Chris Taylor
chris@edgaragents.com

FinCEN Filing Agents, LLC. and Tax Protection Plus Partnership

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FinCEN Filing Agents, LLC. and Tax Protection Plus, LLC. Announce a Strategic Partnership to Guarantee Beneficial Ownership Information Reporting for the Accounting and Legal Industry.

NEW YORK, September 16, 2024 — EdgarAgents LLC (EA).

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FinCEN Filing Agents, LLC. and Tax Protection Plus, LLC. Announce a Strategic Partnership to Guarantee Beneficial Ownership Information Reporting for the Accounting and Legal Industry

NEW YORK, September 16, 2024 – FinCEN Filing Agent, LLC, the leading provider of Beneficial Ownership Information Reporting (BOIR) platforms, is pleased to announce a strategic partnership with Tax Protection Plus, LLC. the premier provider of income tax preparation protection services to the accounting industry. This collaboration is set to empower accounting and legal professionals to handle BOIR filings by offering their clients unmatched security, accuracy, and support. File with confidence when you file with us!

With the Corporate Transparency Act (CTA) mandating comprehensive reporting requirements, the demand for reliable and efficient BOIR solutions has never been greater. Through this partnership, FinCEN Filing Agents, LLC. and Tax Protection Plus, LLC. combine their industry-leading expertise to provide a robust platform that simplifies the reporting process and ensures the highest levels of compliance and protection for accounting and legal professionals and their clients. 

Key Benefits of Partnership:

  • Comprehensive Compliance Tools: FinCEN Filing Agents’ BOIR platform offers a user-friendly interface with advanced features to streamline the BOIR filing process. With automated updates, document management, and real-time tracking, professionals can ensure that their clients’ filings are accurate and timely.

  • $1,000,000 BOI Filing Defense: Clients who utilize the BOIR platform through this partnership will benefit from the Protection Plus Guarantee, which provides up to $1,000,000 in services to resolve any issues arising from FinCEN inquiries into Beneficial Ownership Information This unparalleled support gives accounting firms peace of mind, knowing they have a robust defense in place should any regulatory challenges arise.

  • $10,000 Preparer Error Guarantee: The partnership also introduces a preparer error guarantee that reimburses up to $10,000 for any fines or penalties resulting from legitimate preparer error made during the BOIR filing This safety net allows accounting professionals to confidently offer their services, knowing they are protected against unforeseen circumstances.

  • Seamless Integration with Audit Protection Services: By partnering with Tax Protection Plus, EdgarAgents ensures that its BOIR platform integrates seamlessly with the industry’s leading audit protection services. This integration allows for a more holistic approach to compliance, combining the strengths of audit and reporting services into one cohesive solution.

“Partnering with Protection Plus marks a significant milestone in our commitment to providing the best possible solutions for the accounting industry,” said Stephen Bonventre, CEO of FinCEN Filing Agents, LLC. “This collaboration not only enhances the functionality and security of our BOIR platform but also reinforces our dedication to supporting our clients as they navigate the complexities of Beneficial Ownership Information reporting.”

“Partnering with FinCEN Filing Agents, LLC provides a great opportunity for Protection Plus to further extend our services within the tax and accounting industry,” said Matt Lievens, CEO of Tax Protection Plus, LLC. “This relationship enables us to offer a significant contribution toward providing tax and accounting professionals the opportunity to securely expand their business to assist clients and grow revenues.

This partnership underscores both companies’ dedication to excellence and value delivery in the accounting, legal, and compliance sectors. Together, FinCEN Filing Agents and Protection Plus set a new standard for BOIR filings, ensuring that accounting and legal firms can confidently and precisely meet their clients’ needs.

For more information about the BOIR platform and how it can benefit your firm, please visit www.edgaragents.com or contact boi@edgaragents.com.

For more information about Tax Protection Plus’s $1 Million Tax Protection services, visit www.taxprotectionplus.com.

About FinCEN Filing Agents, LLC.

The company behind FinCEN Filing Agents, EdgarAgents, has been in business since 2008. We are a leading regulatory compliance filing agency having filed nearly 500,000 reports to SEC, FinCEN, and other entities since its inception. EA serves registered asset management companies, public and private companies, beneficial owners, their in-house and outside counsel, corporate compliance teams, advisory and accounting teams, private equity, and investment banking partners.

About Tax Protection Plus, LLC.

Tax Protection Plus is the foremost provider of tax preparation protection services to the accounting industry. Known for its rigorous standards and exceptional client service, Tax Protection Plus has been a trusted partner for accounting professionals nationwide, offering comprehensive solutions that enhance accuracy and compliance.

 

Media Contact: 
Antoinette Behan
Chief Revenue Officer
212 265 3347
antoinettebehan@edgaragents.com

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About EA

EdgarAgents (more commonly referred to as EA) is a leading SEC filing agency and financial printer. We serve registered investment management companies as well as public and private companies, their in-house and outside counsel, corporate compliance teams, private equity, and investment banking partners.

Learn more at www.edgaragents.com, on LinkedIn, or by contacting boi@edgaragents.com or +1-212-265-3347.

Conquer BOIR with FinCEN Filing Agents

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CONQUER BENEFICIAL OWNERSHIP INFORMATION REPORTING WITH FINCEN FILING AGENTS, THE ULTIMATE PARTNER FOR CTA SELF-FILING SOFTWARE

NEW YORK, July 19, 2024 — EdgarAgents LLC (EA).

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Conquer Beneficial Ownership Information Reporting with FinCEN Filing Agents, the Ultimate Partner for CTA Self-Filing Software

NEW YORK, July 18, 2024 – EdgarAgents LLC (EA), a leader in regulatory filings and the fastest growing filing agent and financial printer, expands expertise to BOIR filings as FinCEN Filing Agents.

Effective as of January 1, 2024, new rules under the Corporate Transparency Act (CTA) now require many corporations, limited liability companies, and other entities (reporting companies) to report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN). The Beneficial Ownership Information Reporting Platform, powered by FinCEN Filing Agents, offers a comprehensive and compliant BOI service solution to self-registrants and service providers.

If a reporting company exists as of January 1, 2024, it must file its initial BOIR by January 1, 2025. If a reporting company is created on or after January 1, 2024, and before January 1, 2025, it must file BOIR within 90 days of registration. If a reporting company is created after January 1, 2025, it must file BOIR within 30 days of registration.

Failure to report complete or updated beneficial ownership information to FinCEN may result in a civil or criminal penalties, including civil penalties of up to $500 for each day that the violation continues, or criminal penalties including imprisonment for up to two years and/or a fine of up to $10,000.

FinCEN Filing Agents, powered by EA, offers the most efficient and effective BOIR filing solution software to meet your FinCEN filing needs long before each deadline. Some of the features included in the BOIR filing software are:

  • Secure beneficial owner approval and filing.
  • Efficient BOI form-filling with geo-autocomplete and a reusable entities database.
  • Bulk data import for auto-filling reports.
  • A Newly Exempt Entity option.
  • Test and Live File
  • Go-forward Compliance reminders.

EA’s BOIR filing software is currently onboarding service providers while our many current users successfully file with FinCEN. FinCEN Filing Agents are available to meet all client filing needs, with instructions for preparers and 24-hour email correspondence at boi@edgaragents.com.

Robert Friedmann, Product Manager, stated, “At EdgarAgents, we are proud to introduce FinCEN Filing Agents, your ultimate partner in navigating the complexities of the new Beneficial Ownership Information reporting regulation. FinCEN Filing Agents represents the epitome of EdgarAgents’ agility and obsessive focus on customers’ needs. Since 2008, EdgarAgents has been a leader in regulatory filing solutions and in leveraging technology to enable outstanding service. This extension to support FinCEN filings was a natural choice for us to leverage our proven expertise in a new, but vitally important way. We look forward to serving our customers and channel partners; helping each of them File with Confidence.”

Connect with our team today to receive more information on the Beneficial Ownership Information Reporting Platform, powered by FinCEN Filing Agents. As a thought leader and trusted partner, EA (dba as FinCEN Filing Agents) is the preferred solution to your FinCEN filing needs.

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About EA

EdgarAgents (more commonly referred to as EA) is a leading SEC filing agency and financial printer. We serve registered investment management companies as well as public and private companies, their in-house and outside counsel, corporate compliance teams, private equity, and investment banking partners.

Learn more at www.edgaragents.com, on LinkedIn, or by contacting boi@edgaragents.com or +1-212-265-3347.