FinCen has updated its beneficial ownership information FAQs on November 16th to include new questions and answers. I have two questions that I have been pondering : Will a regular partnership that is not an LLC be considered a domestic reporting company? Also, what about an inactive old SMLLC that was started years ago, and had no employees and may have no federal TIN, will it have to get a Federal TIN,  as the domestic reporting company? ( I have at least one client that has an old inactive Sole member LLC, and I'm not sure if it has a Federal TIN or not. I'll have to dig into the files. I asked him before why he doesn't get it dissolved, because he has a high paying job now, but he said in the future he may fall back to that) Thanks for help.