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FinCEN Guidance's 'Secure Link' Feature Streamlines BOI Filing

08-26-2024 09:14 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: FinCEN Guidance

FinCEN Guidance's new "Secure Link" streamlines BOI filing, enabling Beneficial Owners to securely submit their information

FinCEN Guidance's new "Secure Link" streamlines BOI filing, enabling Beneficial Owners to securely submit their information

FinCEN Guidance, a leader in Beneficial Ownership Information (BOI) reporting solutions, is proud to announce the launch of a groundbreaking feature designed to streamline the BOI filing process for law offices, CPAs, accounting firms, tax preparers and B2B service providers. With the new "Secure Link" functionality, filers can now easily email a secure link to Beneficial Owners (BOs), allowing them to complete and upload their required information securely - saving time and ensuring accuracy for the filer.

This innovative feature addresses a significant need within the professional services community, where collecting and managing Beneficial Owner information can be a time-consuming and error-prone process. By enabling BOs to enter their information directly through a secure link, this reduces the administrative burden on firms, improves accuracy, and enhances overall compliance with the FinCEN reporting requirements.

"Our mission at FinCEN Guidance has always been to simplify the BOI reporting process while ensuring the highest standards of data security," said Milan Solarz-Patel, Co-Founder & Head of BOI Compliance at FinCEN Guidance. "This new feature is a direct response to feedback from our professional users, who wanted a more efficient way to gather and submit Beneficial Owner information. We're excited to provide a solution that not only saves time but also ensures compliance with FinCEN regulations."

The Secure Link feature is available immediately to all users of FinCEN Guidance's platform. Key benefits include:

Ease of Use: Firms can generate a secure, personalized link, which Beneficial Owners can then use to input their information at their convenience.

Enhanced Security: The secure link ensures that sensitive information is transmitted directly and securely, minimizing the risk of data breaches or unauthorized access.

Improved Efficiency: By allowing Beneficial Owners to input their information directly, firms can reduce the time spent on data entry and minimize the risk of errors.

Compliance: The feature is fully compliant with FinCEN's BOI reporting requirements, helping reporting companies meet their obligations under the Corporate Transparency Act.

FinCEN Guidance continues to lead the industry with innovative tools and resources that make BOI reporting straightforward and secure. This new feature is part of the company's ongoing commitment to providing the best possible solutions for professionals tasked with navigating the complexities of BOI compliance.

For more information about the Secure Link feature or to start using FinCEN Guidance's BOI reporting tools, visit https://fincenguidance.com/ or contact our support team at contact@fincenguidance.com.

FinCEN Guidance
3948 Market Street
Minneapolis, MN 55424
Press contact: Joe Sriver
+1 952 900 0888

FinCEN Guidance is a secure, online platform that simplifies the process of completing and filing your company's Beneficial Ownership Information Report.

Our platform helps you successfully navigate the requirements of BOI reporting by providing an intuitive web form with secure encryption. We help you quickly complete your BOI report, easily file online and securely save information.

FinCEN Guidance is the solution to meet BOI reporting requirements effortlessly and accurately. We take the stress out of compliance so you can focus on what matters most: Running Your Business.

For more information, please visit: https://fincenguidance.com/

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