---

@PATAX wrote:

As I have said before, all they have to do is make an exception and ask the BOI questions directly on the corporate annual tax returns and LLC annual tax returns. That's it. But like Iron Man said , that would be too easy . I wonder how many new employees will have to be hired to manage this new massive undertaking?  How much will it cost taxpayers?

---

You'll need to upload ownership ID documents along with this BOI filing, so its more than just sending info along with the tax return.

Beneficial Ownership Information Reports

• When filing BOI reports with FinCEN, the rule requires a reporting company to identify itself and report four pieces of information about each of its beneficial owners: name, birthdate, address, and a unique identifying number and issuing jurisdiction from an acceptable identification document (and the image of such document). Additionally, the rule requires that reporting companies created after January 1, 2024, provide the four pieces of information and document image for company applicants.