Beneficial Ownership Information
One Community Bank has partnered with Wolters Kluwer to offer the BizFilings Beneficial Ownership Information Filing Solution, a streamlined, automated tool that reduces filing times and the risk of errors, ensuring compliance with FinCEN.
The January 1, 2025 federal deadline to submit Beneficial Ownership Information (BOI) reports to FinCEN is fast approaching.
Does my business need to file?
By the end of this year, over 30 million small business entities are required to file beneficial ownership reports with FinCEN. Failure to comply with this requirement can result in steep fines, civil penalties, and possible jail time. Take the short BizFilings' BOI quiz to find out your filing status.