phone 812-523-1040
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MANDATORY REPORTING - BOI (Beneficial Owner Information)

Beginning 1/1/24, all entities created by filing documents with the Secretary of State (for example: partnerships; S corps; LLC's; corps) are required to report information about the individuals that own or control 25% or more of those entities to FINCEN (Financial Crimes Enforcement Network). FINCEN's mission is to safeguard against illicit use, money laundering and terrorism.

Entities in existence at 1/1/24 have until 1/1/2025 to file the initial BOI report. Entities created/registered in 2024 have 90 days after the Indiana registration is effective to file the initial BOI report.

Penalties are $591 per day for failing to file; filing false information; or failing to update.

The website also includes a Quick Reference Guide (click on the word HELP to open the resources tab). We suggest that you review the Quick Reference Guide before starting the filing process.

To file the report, go to https://boiefiling.fincen.gov

While we cannot file this form for you, we are happy to assist you. Please call or email us with questions if you own 25% or more of the entities listed above and/or if you need assistance when filing the report.