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hello from Freedom tax accounting were an accounting firm where we have been providing quality tax and accounting services now for over 20 years in this video were going to show you a stepbystep guide on how to do the new fincent Boi report this report many companies need to do it starting January 1st 20124 so once again were going to give you a stepbystep guide on how to do the new fincent Boi report finson stands for the financial crimes enforcement Network this is a division of the US Treasury kind of like the IRS but they they are not the IRS and Boi stands for beneficial ownership information so this is the new report that many companies needs to start doing now starting January 2024 so before we go into the stepbystep guide lets review who needs to to file if your company was registered before January 1st 2024 you have until January 1st 2025 to file your finsen Boi report if your company was registered on or after January 1st 2024 then you have 90 days to file your Boi report