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BREAKING: FinCEN Just Changed the BOI Rule—Here’s What You Need to Know! As of March 21, 2025, all U.S. entities are now EXEMPT from Beneficial Ownership Information (BOI) reporting. This is a major reversal from the original rule and raises big questions about why this change happened and what it means for business owners. This update shifts the reporting burden entirely, leaving only certain foreign entities with obligations—and even they have been given extra time to comply. What led to this sudden change? And could this signal more regulatory rollbacks in the future? Here’s what you need to know about this unexpected decision and its potential impact. Need Help Setting Up An LLC? Please check out my law firm here: https://kkoslawyers.com/ For all compliance help with current LLC's or corporations please check out: https://www.mainstreetbusiness.com/ ---- Found this video helpful? Click the Like button & share with others. Subscribe to my channel and click the 🔔 icon for notifications when I post a new video. Don't forget to leave your questions in the comment section below! ---- Websites: https://directedira.com/appointment https://kkoslawyers.com https://mainstreetbusiness.com https://matsorensen.com ---- My Social Media: Instagram: / matsorensen Tik Tok: / sorensenmat Linked In: / matsorensen Facebook: / mat.sorensen.1 ---- 🚀 Disclaimer: This is for educational purposes only and does not constitute financial advice. Consult with a qualified professional before making any investment decisions.