Introducing
BOIR Protect
-
$1 Million
Filing Defense
TaxBandits has partnered with Tax Protection Plus LLC to provide you with
BOI compliance coverage for a year.
Unlock Worry-Free BOI Filing with TaxBandits
Navigating the newly established BOI reporting requirement under the Corporate Transparency Act can be challenging, especially with the higher probability of errors leading to FinCEN notices and penalties! But TaxBandits has got you ‘covered’
Introducing BOIR Protect – Partnering with Tax Protection Plus LLC, TaxBandits offers this exclusive 1-year coverage for BOI reports that safeguards your business from potential FinCEN notices, penalties, and inquiries.
File BOIR with Confidence
$1 Million BOI Filing Defense
If you receive a notice or inquiry from FinCEN regarding your BOI filing, the protection plan provides up to $1,000,000 in services to assist in reaching a resolution.
$10,000 Preparer Error Guarantee
If a legitimate error in a BOI filing results in fines or penalties, the protection plan covers up to $10,000 in reimbursements for the amounts you pay.
Key Things You Should Know About BOIR Protect
What’s Covered?
- BOI (Initial, Correct, Update, or Newly Exempt Entity) reports you submit through TaxBandits with the eligible payment option.
- Corrections and updates for the initial reports that are covered under the protection plan.
Coverage Period: These reports are covered for a period of 1 year from the submission date.
What’s Not Covered?
- BOI reports that have not been approved by FinCEN.
- BOI reports filed after the deadline.
- BOI reports containing known inconsistencies, missing, incorrect, or misleading information
- BOI reports prepared with negligence, recklessness, intentional misrepresentation, or fraud.
- BOI reports under criminal investigation.
Frequently Asked Questions on BOIR Protect
How can I enable BOIR Protect for my report?
It's simple. While you file your BOI report with TaxBandits, you can choose any of the following pricing options, including the BOIR Protect option.
- Annual Subscription: BOIR Protect is included with all our annual subscription plans – Mini Bandito & Bandito.
- Pay as You Go: BOIR Protect is included in the following plans:
The BOIR Protect will be activated once your report is submitted to FinCEN.
What if I want to include the ‘BOIR Protect” for my previous filings?
You can reach out to our support team and pay the additional fee that is incurred to enable BOIR Protect for the reports you’ve already submitted with us. Once done, your BOI report will be backed by this program.
In case of any notices or inquiries, what should I do?
You can log in to your TaxBandits account and initiate a claim from your BOIR dashboard. Once initiated, the concerned team will check the issue and get back to you regarding further proceedings.
