Business Services


Business Services

Beneficial Ownership Information Filing Service

Navigating the complexities of the new Corporate Transparency Act (CTA) can be daunting for any business. With the act now in effect as of January 1st, Cornerstone Licensing Services is here to ensure that your business meets the FinCEN’s reporting requirements without hassle. Our dedicated team is set to provide you with the necessary support to file your Beneficial Ownership Information before the year-end deadline, making compliance in 2024 straightforward and worry-free.

Understanding federal compliance has never been more critical, and that’s where Cornerstone steps in. By entrusting us with the filing of your Beneficial Ownership Information with the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), you’re not just saving valuable time; you’re also ensuring accuracy and adherence to federal mandates. Our service is meticulously designed to navigate the filing process efficiently, ensuring that every detail is correctly reported and aligned with the latest regulations.

Knowing who qualifies as a beneficial owner is key to compliance. Whether an individual has substantial control over a reporting company or owns at least 25% of the ownership interests, Cornerstone Licensing Services is equipped to manage and report these details accurately. Let us take the burden of federal filing off your shoulders, so you can focus on what you do best—running your business. Partner with us for a seamless, stress-free compliance journey.

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Business Services

Corporate Transparency Act

In today’s regulatory environment, businesses are required to disclose their Beneficial Ownership Information (BOI) as part of the Corporate Transparency Act (CTA) to combat illicit activities like money laundering. Our in-depth guide provides invaluable insights into the nuances of BOI reporting, the role of the Financial Crimes Enforcement Network (FinCEN), and how businesses can ensure seamless compliance.

Why should you file the Beneficial Ownership Information Report? The biggest reason is to avoid serious penalties – There are criminal and steep civil penalties for non-compliance including up to two years in prison and/or fines up to $10,000 as well as civil fines up to $500/day. 

Complying with the act requires filing paperwork that will ask some background information about you and your business. 

Cornerstone Licensing

One of The Nation’s Largest,
Highest-Rated Licensing Companies

25 years experience

45,000+ filings each year

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I wouldn’t be able to do this job if it wasn’t for Cornerstone. Cornerstone is my lifeline.
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