As of 3/21/25, FinCEN announced that all entities created in the United States owned by US Citizens or legal residents are exempt from BOI and BOIR. With the current regulation, Day Traders Taxes will not file BOI reports unless a client requests otherwise. Entities outside the United States or owned by non-citizens or non-legal residents should still file BOI reports. The latest information from FinCEN can be read here.
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