BOI Reporting Hangs on by a Thread

(The regulation that ghosted us harder than your flaky contractor.)

One minute it’s law, the next it’s not. Then it’s law again. Then—wait—is that a Presidential plot twist?

If you’ve been trying to keep up with BOI (Beneficial Ownership Information) reporting lately, you’re not alone. It’s been more dramatic than your cousin’s wedding group chat. One thing’s for sure: if your business was expected to file this year, you’ve probably had a few what-the-BOI-is-going-on moments.

Good news: We finally got the memo—and no, it wasn’t written in invisible ink.

📉 BOI Reporting Whiplash: From Law to “Nevermind”

As of April 2025, President Trump told the Treasury to pump the brakes on BOI madness. And surprisingly, they did. The Treasury issued a game-changing update that pulled the plug on BOI reporting for domestic entities—LLCs, corporations, partnerships formed in the U.S.—you’re off the hook.

No forms. No filings. No red tape (for now). Just keep your entities in good standing with your state and breathe easy.

🌍 Foreign Entities: You’re Still on the Clock

Now, if you’re a foreign entity registered to do business in the U.S., don’t relax just yet. You still have deadlines:

  • Already registered before the Treasury update? You’ve got 30 days from the publication of the ruling to file your BOI report.
  • Registering now? You’ve got 30 calendar days post-registration to file.

The takeaway: Foreign entities, mark your calendars and stay sharp.

🗂️ Even If You’re Exempt, Don’t Get Sloppy

Just because you don’t have to file doesn’t mean you get to skip good business hygiene. You still need:

  • Clear ownership records
  • Up-to-date corporate minutes (if applicable)
  • Clean, consistent documentation

Why? Because BOI reporting may be gone today—but regulations have a nasty habit of pulling a comeback tour when you least expect it.

🧨 Rumors of Data Destruction (And Why That Matters)

There’s even talk of the Treasury destroying BOI data already collected from now-exempt businesses. Why? Because no one wants that sensitive info floating around where it shouldn’t be.

While that’s TBD, one thing is certain: this entire saga is a reminder that staying on top of your structure and compliance game isn’t optional—it’s survival.

⚖️ Your Move: Stay Compliant, Stay Covered

Your job?

  • Keep those entities squeaky clean and in good standing with the Secretary of State
  • Stay ready with organized records
  • Don’t get blindsided by future updates

Because at Calculated Moves, we don’t believe in scrambling. We believe in strategic preparedness—the kind that makes you look like the calmest person in the room while everyone else is Googling “What is a BOI report?” at 11:59 p.m.

🚀 Final Thought: Toss the Filing, Keep the Strategy

BOI reporting may have unraveled, but your legal and financial protection still depends on how well your business is structured and maintained. Don’t wait for the next curveball—that’s what we’re here for.

From ditching time-wasting tasks to navigating tax chaos, Calculated Moves helps small business owners, family-run empires, and reinvented entrepreneurs chart a smooth course toward profit, peace of mind, and total compliance confidence.

Want the full breakdown in plain English (no government glossary required)?
👉 Read the full article and make sure your business is one step ahead—no yo-yo required.

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Donna Bordeaux, CPA with Calculated Moves

Creativity and CPAs don’t generally go together. Most people think of CPAs as nerdy accountants who can’t talk with people. Well, it’s time to break that stereotype. Lively, friendly, and knowledgeable can be a part of your relationship with your CPA, as demonstrated by Donna and Chad Bordeaux. They have over 50 years of combined experience as entrepreneurial CPAs. They’ve owned businesses and helped business owners exceed their wildest dreams. They have been able to help businesses earn many times more profit than the average business in the same industry and are passionate about helping industries that help families build great memories.