AGS Tax Group
How It Works
Starting in 2024, newly registered companies are required by Federal Law to report their Beneficial Ownership Information (BOI) to FinCen.
At AGS TAX, we provide expert services to prepare and submit these reports, ensuring you stay compliant and avoid hefty fines or legal repercussions:
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Complete Compliance. We ensure your BOI report is fully compliant with the latest federal regulations.
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Avoid Penalties. Late or incorrect filings can result in fines of up to $10,000 or even imprisonment. We make sure your report is accurate and submitted on time.
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Save Time. Let us handle the complex reporting process so you can focus on growing your business.
Receive Confirmation and Your Report
After submission, you'll receive a confirmation email from us, along with the attached Beneficial Ownership Information Report Transcript. This confirms that your report has been successfully filed, giving you peace of mind and keeping your business compliant.
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Request Our Service or Ask Questions.
Get started by reaching out to us with any questions you may have about the Corporate Transparency Act. We're here to help you understand the process and requirements. Simply submit a service request, and our team will guide you through the next steps.
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Provide Necessary Documents.
Once you're ready, provide the required documents. We'll handle the preparation and submission of your Beneficial Ownership Information (BOI) report to FinCen. Our experts ensure everything is done accurately and efficiently.
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Failure to Comply:
The Corporate Transparency Act applies civil and criminal penalties for (1) failing to report or update a reporting company's BOI and (2) providing false or fraudulent BOI. Civil penalties include a daily $500 fine for a continuing violation, up to a maximum of $10.000.
Criminal penalties include up to two years' imprisonment
