Navigating the New BOI Reporting Landscape:
A Guide for Small Business Owners
In the dynamic landscape of business regulations, compliance can often seem like a complex maze. The introduction of the Beneficial Ownership Information (BOI) reporting requirements by the Financial Crimes Enforcement Network (FinCEN) has added a new layer of complexity for small business owners. Navigating FinCEN's BOI E-Filing system can be daunting - Sending your clients here will lead to confusion, and require substantial time to comply. However, there is a simpler solution...
Introducing the FUSION [BaaS]™ Platform
[BaaS]™, also known as Beneficial Ownership Information As A Service was designed to simplify Corporate Transparency Act compliance for you. With an administrative dashboard to manage all of your clients & commissions effortlessly, [BaaS]™ is the solution you have been looking for!
Let's explain:
- Onboarding: Begin with an auto-created admin dashboard by entering just 3 fields of information. Then, effortlessly invite your clients to our secure platform where they can manage their Beneficial Ownership Information with ease. This is where your job ends!
- Real-Time Review and Human Validation: Eliminating the fear of inaccuracies, our platform validates information in real-time as your clients input their data, ensuring accuracy and compliance before submission. Our human team then reviews all information before it's securely uploaded via API to FinCEN. Proof of submission and filing is stored in your client portal, with an official FinCEN transcript. Beware of alternate "solutions" that simply pass data through, with no review.
- Simplified Reporting: Our platform demystifies compliance. A few clicks and your client's BOI reports are prepared, perfectly formatted to meet FinCEN's standards. Forget the 57-page compliance guide; our platform uses easy-to-understand language and a logical workflow, drastically reducing report completion time.
- Secure Storage: Our ISO 27001 and SOC 2 compliant platform keeps your client's data safely stored, backed up, and readily accessible for future updates. [BaaS]™ ensures that privacy and compliance go hand in hand.
- Simple Updated Reports: Our platform simplifies updates to FinCEN filings. Minor changes? Just edit and click to upload to FinCEN, avoiding the hassle of resubmitting all information for all updates. Did we mention that all future updates are included for free until 2026?
- Expert Support: The journey through the new BOI landscape can be complex, but your clients aren't alone. Our team of compliance experts are always ready to provide guidance and answer questions.
Without [BaaS]™, consider the increased hours of support your clients will need from you and your staff. Our [BaaS]™ solution not only creates a passive revenue stream but also positions you as a trusted advisor equipped with an unmatched solution. Not interested in a passive revenue stream? Apply the discount directly to your client instead!
Do you prefer a direct interaction with your clients? We offer a wholesale license to utilize [BaaS]™, enabling you to establish your own BOI as a Service program. This would empower you and your firm to gather, store, review, and remit your client's data directly to FinCEN, all in-house.
Discover FUSION [BaaS]™ Full Service or License program today to experience the joy of stress-free, Corporate Transparency Act compliance.
We look forward to discussing the best solution for you, and your clients!
631-636-0767
help@boi-fincen.com