FINCEN BOI Report (Step by Step Instructions Guide)

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  • Опубліковано 26 гру 2024

КОМЕНТАРІ • 374

  • @frankv736
    @frankv736 9 місяців тому +39

    Sad how many people charging substantially to do this for you. Thanks for taking the time to do this. Great man!

    • @ingridurbina2142
      @ingridurbina2142 2 місяці тому

      I’m watching the video cus is costing me 250 for another person to do it.

  • @jackking8
    @jackking8 10 місяців тому +23

    big brother looking over your shoulder again!

  • @alyssawinmill
    @alyssawinmill 10 місяців тому +36

    Thank you! Super easy to follow. Saved me $399 from our CPA. I was scared to do it myself. You took all the fear away. Fast and easy!

  • @BCrawford-xj2qp
    @BCrawford-xj2qp 9 місяців тому +14

    THANK YOU! The FINCEN site is ridiculous to navigate. So many pages of FAQs and instructions, but finding out how to actually file is deeply buried in the noise. You explained all the elements, and how to file clearly and concisely.👏

  • @19LondBuch72
    @19LondBuch72 8 місяців тому +20

    Our attorney wanted $ 3000 per entity (we have 4) and so we appreciate this tutorial.

  • @alexandersprout7992
    @alexandersprout7992 11 місяців тому +6

    Thank you so much. Lessened the anxiety of getting this done. Thoroughly explained & informative! Icing on top, he’s man of of God! Feel God brought us to this video. God is good! God bless!

  • @knoxfamily150
    @knoxfamily150 11 місяців тому +54

    This is scary. Now as an LLC I give up my right to privacy.

    • @Luke-ft7tj
      @Luke-ft7tj 11 місяців тому +3

      Yes I look forward to giving everyone persmission to audit anytime.

    • @TomahawkSparky
      @TomahawkSparky 9 місяців тому +6

      You thought you had privacy before?

    • @Brick_Vice
      @Brick_Vice 8 місяців тому

      The only benefit is cutting down on foreign and shady LLCs. Just a smokescreen to get more data, not for the government, but for those in power. And they are not the same.

    • @Most_Trustworthy_Weasel
      @Most_Trustworthy_Weasel 7 місяців тому

      FinCEN works to establish and strengthen mechanisms for the exchange of information globally, and to engage, encourage, and support international partners in taking necessary steps to construct regimes to combat money laundering, terrorist financing, and other financial crimes. FinCEN responds to requests from financial intelligence units (FIUs) that are members of the Egmont Group, and acts as a conduit for requests from domestic law enforcement to foreign FIUs. FinCEN also issues strategic products for law enforcement agencies and FIUs on topics of international interest.
      FinCEN works with foreign governments to provide policy recommendations and guidance, analytical training, technological advice, and staff support in order to foster the implementation of anti-money laundering and counter-terrorism financing (AML/CFT) regimes worldwide. FinCEN supports U.S. bilateral and multilateral efforts to join with other nations in a concerted fashion to combat transnational crime.

    • @leonornoel3743
      @leonornoel3743 5 місяців тому

      Thank you very much

  • @kennethongwela4753
    @kennethongwela4753 2 дні тому

    I had filed in April this year and was worried about filing again before January 1, 2025.Thank you answering my question.Good job.

  • @Billwfo
    @Billwfo 18 днів тому +1

    My (ex) accountant just told me on 12.2.24 that I needed to file this report, saying it was pretty self-explanatory. Thank you for your assistance.

  • @mingthemercy4605
    @mingthemercy4605 Місяць тому +3

    Good job! I watched no less than 5 youtube videos on 'how to report BOI report', your tutorial is detailed with explanation of each box so we understand each box's significance. Most importantly, you slowed down on the instructions which all other youtubers were too fast and didn't leave time for the viewers to digest. Thank You!

  • @jonimarti1223
    @jonimarti1223 7 днів тому

    Truly an easy-to-follow step-by-step guide to complete the BOI report. THANK YOU!

  • @Trd2020
    @Trd2020 10 місяців тому +26

    They are going after the small businesses. That’s wild!

  • @planningprivatepractice6909
    @planningprivatepractice6909 8 місяців тому +9

    i agree with everyone else. As a small business I try to save whenever I can. You are a blessing thank you for this clear, concise and easy to follow video.

  • @danbutler7708
    @danbutler7708 10 місяців тому +4

    This is a little scary, thank you so much for your presentation.

  • @coffeeumiami6389
    @coffeeumiami6389 11 місяців тому +7

    THANK YOU VERY MUCH, ONCE AGAIN, PROVING SO MUCH KNOWLEDGE AND SHARING IT WITH US, YOUR FAITHFULL SUBCRIBERS. BLESSINGS TO YOU AND FAMILY.

  • @coachcortneyrose
    @coachcortneyrose 9 місяців тому +1

    Very informative and detailed guide on how to navigate the new FinCEN BOI report requirements. Your step-by-step breakdown simplifies a complex process, making it accessible for business owners. Thanks for sharing this valuable information!

  • @lesliegutierrez3382
    @lesliegutierrez3382 8 місяців тому +3

    Thank you sir 🙏 i followed tour video step by step and it was super helpful. I did it and saved myself 100.00 bucks. Thank you god bless

  • @acegal8368
    @acegal8368 2 дні тому

    Thank You !! Appreciate you creating this video. Filed the report in less than 15 minutes.

  • @dp-um2tt
    @dp-um2tt 10 місяців тому +5

    Thank YOU so much sir for such an excellent easy to understand video. All my anxiety about completing it melted away!

  • @Awannabestylist
    @Awannabestylist 11 місяців тому +6

    Very WELL-DONE! I learned what I needed to know in a few minutes as opposed to the 50 page document from the U.S. Treasury Dept.

  • @frankboet1
    @frankboet1 10 місяців тому +2

    Excellent, excellent, excellent. Thank you so much for such a clear step by step instructions!!

  • @dw3473
    @dw3473 12 днів тому

    Thank you so much for taking the time out to make this video! Your step-by-step instructions and detailed explanations made filling this form out easier than expected.

  • @mattmovers1794
    @mattmovers1794 10 місяців тому +5

    Extremely informative and helpful video. Thank you very much

  • @BillBuysLand
    @BillBuysLand 9 місяців тому +1

    Thank you for such a concise, straight-to-the-point no BS Video! Nicely done!!

  • @knoxfamily150
    @knoxfamily150 11 місяців тому +53

    Big corps don't give up rights but small people. Unbelievable.

    • @lesliegutierrez3382
      @lesliegutierrez3382 8 місяців тому +4

      Right! It's so messed up like we always get screwed over. Always the small ones

  • @CalliopePresents
    @CalliopePresents Місяць тому

    Thank you so much! I was doing the BOI report on my own but was scared I was doing it incorrectly. Then I stumbled upon your video. I followed all the steps and now feel much more secure that I filed my report properly. Thank you!!

  • @mkkdixon2493
    @mkkdixon2493 3 місяці тому +2

    This is the best tutorial I've found on filling out the FINCEN BOI Report. Great job!

  • @TheresNoPlaceLikeTampa
    @TheresNoPlaceLikeTampa 10 місяців тому +3

    Just here to say thank you for such an informative video. I followed this step by step to e-file. Perfect job on this video!!

  • @68ray
    @68ray 9 місяців тому +1

    Excellent information sir. Thank you for helping the small business owners across America.

  • @Solarismassage
    @Solarismassage 11 місяців тому +3

    SERIOUSLY, THANK YOU FOR THIS! I will send thank$ now.

  • @dltoutpublic119
    @dltoutpublic119 4 місяці тому +1

    Thank you so much for this masterpiece. You do it the easiest way and i ' m sure anybody watching this video carefully will understand. Be blessed !

  • @oksanavladimirovna1423
    @oksanavladimirovna1423 8 місяців тому +4

    Thank you for the step-by-step instructions. Really helpful!

  • @richards.7201
    @richards.7201 23 дні тому

    Very detailed and comprehensive presentation. Thanks for a great job.

  • @EjeannaBoyd
    @EjeannaBoyd 3 місяці тому

    I was very hesitant but I knew that I wanted to complete the BOI report on my own. Your instructions were very easy to follow. I did it myself.

  • @michellethomas1475
    @michellethomas1475 Місяць тому

    We just found out we had to file this year. Thank you for your time doing the video and your expertise. OUTSTANDING!!

  • @jimb3353
    @jimb3353 6 місяців тому

    I understand some states are fighting this continued pressure on small business.
    With that said, thank you for this very clear step by step guide!

  • @sohailrashid2387
    @sohailrashid2387 11 місяців тому +1

    God bless you stay more blessed
    you taught millions of people for free it will reward you morally too again alot of respect for you

  • @thomasmoriarty3111
    @thomasmoriarty3111 9 місяців тому +1

    Thank you very much for taking the time to create this video! It was tremendously helpful to me.

  • @isandi84
    @isandi84 Місяць тому

    Thank you so much for your step by step guidance, support and genuine kindness. You made this filing a breeze.

  • @ginabarraza8987
    @ginabarraza8987 6 місяців тому +2

    Thanks so much. So many people trying to charge you 300+ to so this. They all scare you telling you that you will be charged $500 daily. I hate this MFs. Thanks again. You are providing peace of mind and money to small or micro bussiness owners. God Bless you!

  • @tayak2121
    @tayak2121 Місяць тому

    thank you so much for taking the time to do this for us. I would love to have you as our CPA. God bless you and your many businesses!!!

  • @ckministriesllc
    @ckministriesllc 11 місяців тому +6

    Thank you very much!! Always helpful, clear, and concise!

  • @hilamalul2302
    @hilamalul2302 Місяць тому

    I just did mine i will always choose your video and explanation you are the best !!

  • @DrGarofaloSanchezRomeo
    @DrGarofaloSanchezRomeo 11 місяців тому +4

    I got notification about this report several days ago and did not know somebody in the internet already have a video about this. I took a time to read and learn about this report today and here you have a very helpful information for beginners in the business world. Thank you very much to Freedom Group for the clear explanation. We all should recognize the time and motivation you have to teach. Thank you and God bless you.

  • @ashleypierre1928
    @ashleypierre1928 11 місяців тому +5

    Very informative and straight to the point. Thank you!

  • @TESSALACOMBATTANTE
    @TESSALACOMBATTANTE 27 днів тому +1

    That was an amazing tutorial thank you so much Sir.

  • @MrSWATS1
    @MrSWATS1 Місяць тому

    Great Tutorial and even better explanation by this guy. GREAT JOB !!!

  • @tamiandruchowitz409
    @tamiandruchowitz409 Місяць тому

    Thank you so much! This video made the BOI process so easy!

    • @freedomgroup
      @freedomgroup  Місяць тому

      We are glad to hear that the video was helpful! The BOI process can be tricky, but we're happy to have made it easier for you. God bless.

  • @k.milano_
    @k.milano_ 10 місяців тому +1

    Thank you so much! Very clear! Very easy to follow! You made this process so simple

  • @brkfstgrldaily1181
    @brkfstgrldaily1181 Місяць тому

    THANK YOU!!!! You took the stress right outa that task.

  • @mrjoshualjones
    @mrjoshualjones 7 місяців тому

    Best step by step instructions I have seen on this process. Thank you

  • @1KelliganGirl
    @1KelliganGirl 9 місяців тому

    Thanks for the easy to follow guidance! So appreciate this video!!

  • @joannee8511
    @joannee8511 Місяць тому

    Thank you for doing this. This was so painless.

  • @JeremyWells-u2p
    @JeremyWells-u2p 7 місяців тому +1

    This was very helpful. Thanks for doing this video. Your instructions were clear and easy to follow!

  • @roseross5981
    @roseross5981 10 місяців тому +1

    Awesome explanation!! Thank you so much!! I subscribed as well !! and share with all my biz owner friends!!

  • @nguyenhuyhoang6570
    @nguyenhuyhoang6570 3 місяці тому

    This is the best tutorial, perfect speed. Save me $800. Thank you very much.

  • @MarisThomas-n4g
    @MarisThomas-n4g Місяць тому

    Thanks for the clear and complete instructions.

  • @alohaIslandersLuau
    @alohaIslandersLuau Місяць тому

    You are amazing!! Thank you for the easy instructions!!

  • @faisalfarooqi920
    @faisalfarooqi920 8 місяців тому +1

    Excellent! Thank you for the step by step guide.

  • @davegalligher4162
    @davegalligher4162 9 місяців тому

    Great instructions, clear and concise.

  • @MVTaxInsuranceAgencyInc
    @MVTaxInsuranceAgencyInc 11 місяців тому +1

    THANK YOU SO MUCH FOR YOUR STEP BY STEP INSTRUCTIONS, YOU DID AN AMAZING JOB.

  • @Luke-ft7tj
    @Luke-ft7tj 11 місяців тому +2

    If i have a second business to file do I take the same steps and put in fincen id number from first report?

  • @betha2396
    @betha2396 11 місяців тому +3

    Thank you so much for this! It was exactly what we needed to fill out our report today. New sub!

  • @wajidafzal2480
    @wajidafzal2480 10 місяців тому +2

    Hi, Thanks Very Much For Helping Guide.
    Please question: In section 11. , "Current US Address" I don't have Current US Address because i have Non-US Residents LLC in Wyoming, which have all addresses outside the united states . so which address we can put?

    • @hugoquiroz2798
      @hugoquiroz2798 9 місяців тому

      Hi did you find the solution for this , I have the same issue

  • @kaykay5790
    @kaykay5790 6 місяців тому +1

    Thank you sooooo much.
    Very helpful.
    I followed along step by step and it was a success ❤.
    God Bless.

  • @Solarismassage
    @Solarismassage 11 місяців тому

    Thanks!

    • @freedomgroup
      @freedomgroup  11 місяців тому

      Thank you Solaris!! God bless you.

  • @ShingInAction
    @ShingInAction 2 місяці тому

    THANK YOU! IT WAS EASY TO FOLLOW YOUR INSTRUCTIONS.

  • @halleyeve8138
    @halleyeve8138 Місяць тому

    Thank you so much for this! Your video made it smooth and easy to understand. We truly appreciate it.

  • @alexdurand9508
    @alexdurand9508 4 місяці тому

    So helpful. Best explainer video I found on BOI. Thank you!

  • @LomaYTChannel
    @LomaYTChannel Місяць тому

    What is the benefit of getting a FinCEN Reporting Company ID (not the individual FinCEN ID#)? Where or when would that be used?

  • @gtn932
    @gtn932 11 місяців тому +1

    Great video. I liked the gentlemen and will contact them for my business needs.

  • @khalilrahmanrahmani3681
    @khalilrahmanrahmani3681 11 місяців тому +1

    thanks for your very clear and understandable instructions

  • @tyromegaddes
    @tyromegaddes 5 місяців тому

    Thank you. You made it so easy to understand the process

  • @addymaryflores7445
    @addymaryflores7445 2 місяці тому

    Thank you for taking the time to clarify our questions! This information was incredibly valuable, and it's amazing how you're helping us through each step. I’ve already subscribed to your channel. God bless you!

  • @Mentadio
    @Mentadio 10 місяців тому

    Thank you, very easy steps to follow. ..GOD BLESS you !!

  • @ToddDailey-f4q
    @ToddDailey-f4q 10 місяців тому

    This was simplified & informational. Thank you!

  • @MARLONMULTO
    @MARLONMULTO 10 місяців тому

    THANK YOU VERY MUCH FOR YOUR GENEROSITY SHARING THIS INFORMATION

  • @KevinsNorthernExposure
    @KevinsNorthernExposure 10 місяців тому +1

    Interesting. One LLC company we created has a parent company (holding company) who is the actual owner....no individual owners of the child company other than another LLC. How does that work for BOI?

  • @stefanih.jonsson
    @stefanih.jonsson 4 місяці тому

    Really really appreciate this video! Really vauleable !!! It's not easy to be a startup and you definitely help A LOT!

  • @jeffmarble59
    @jeffmarble59 7 місяців тому

    Thanks for this offering, super helpful intel for my clients.

  • @officialcisko
    @officialcisko 10 місяців тому

    Thank you for the information. Much appreciated

  • @marinagritsaeva9864
    @marinagritsaeva9864 11 місяців тому

    Thank you So Much!!! It's one of the most straightforward and most helpful videos about BOI!!!!

  • @memphistnliving
    @memphistnliving 9 місяців тому +2

    In business address should we include registered agent address (or) U.S residential address?

  • @BigBenMiami
    @BigBenMiami 10 місяців тому

    Thank you, very easy ...steps to follow. ( Much Appreciated)..GOD BLESS!!

  • @artificialintelligence-vp6mh
    @artificialintelligence-vp6mh 10 місяців тому

    Saved my 200$ thanks

  • @007bijan
    @007bijan Місяць тому

    does the sole proprietorship need to file BOIR as well. there are self-employed people who do not have EIN# and just using there own SS#...

  • @pastorjenner
    @pastorjenner 7 місяців тому +1

    Very good explanation.

  • @aw_overland
    @aw_overland 10 місяців тому

    Solid Information, very well explained 👍

  • @dmsbakerds
    @dmsbakerds 10 місяців тому

    Wonderful! I have a question? Do i also need to report my other business that is Not an LLC???

  • @Ropuch7
    @Ropuch7 10 місяців тому +1

    FinCEN requires US company address and doesn't allow me to use virtual office.
    I am a non-resident and used Northwest Registered Agent address for incorporating and obtaining EIN.
    What address do you think I can use?

  • @venkatsr8183
    @venkatsr8183 11 місяців тому

    very very well explained, clearly and understandable. thank you so much

  • @dracasweet
    @dracasweet 7 місяців тому +1

    The 23 exemptions are quite telling.

  • @Nelly-p3x1o
    @Nelly-p3x1o 10 місяців тому

    Excellent. I have a question. I have a partner and I am going to close it on my 2023 tax. I have to register the BOI?

  • @ClaudiaMora-ep4ep
    @ClaudiaMora-ep4ep 9 місяців тому

    Excellent video. Thank you for sharing.

  • @theduquetoros779
    @theduquetoros779 11 місяців тому

    Sir, You are a great speaker and trainer excellent job. I commend you I thank you and I wish you all the best this was the exact information I needed 100% - Gracias

  • @spdalal
    @spdalal Місяць тому

    Very Helpful. Thank you.

  • @citisoulsinc.4319
    @citisoulsinc.4319 2 місяці тому

    Valuable information...thank you!

  • @MrBraveheart92
    @MrBraveheart92 7 місяців тому

    Very good video, I've just requested a call back. Thanks

  • @jeromeschoffler830
    @jeromeschoffler830 Місяць тому

    do you have to make a new fincen # if you have a second company. Thank you for this information. to report

  • @AnserDaad
    @AnserDaad 10 місяців тому

    Thank you so much sharing valuable information