BOI Archives - Abacus Trucking

BOI Filing Update: What You Need to Know and How to Prepare

By Abacus!|2025-04-17T14:33:55-05:00December 17th, 2024|Categories: Transportation|Tags: Better Guidance, BOI|

This article is an update from a previously published article about BOI Reporting. As we approach the original January 1, 2025, deadline for Beneficial Ownership Information (BOI) reporting, a major development has shifted the compliance landscape for businesses. A recent federal court decision has temporarily paused enforcement of the BOI filing requirements outlined in the Corporate [...]

What do I need to know about BOI Reporting?

By Abacus!|2025-04-17T16:13:09-05:00October 8th, 2024|Categories: Transportation|Tags: Ask Abe, BOI|

As of January 1, 2024, businesses must report Beneficial Ownership Information (BOI) to the Financial Crimes Enforcement Network (FinCEN). This requirement applies to all businesses. If your business is a domestic company created before January 1, 2024, or a foreign company registered before that date, you won’t need to report company applicants but must file your [...]