CCH Axcess™ Beneficial Ownership

In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports.

 

CCH Axcess Beneficial Ownership is an online filing and information management solution to automate the beneficial ownership information filing process to FinCEN for accounting firms that need to file large volumes of reports. The solution guides users step-by-step through a transparent process designed to shorten into a few minutes what FinCEN estimates taking up to 3 hours of work. Enhance your firm’s role as trusted advisor to your clients by offering BOI compliance as part of a business advisory relationship. You can learn more about the Corporate Transparency Act and CCH Axcess Beneficial Ownership here.

 

• Bulk upload and editing enables firms to save time by uploading a list of entities to begin with.

• BOI dashboard provides an overview of all BOI reports, with the ability to create custom groups to organize data, track status from creation through completion, and make edits directly on the grid.

• Smart form guides the users through the filing process and validates that required fields are complete, reducing confusion and time spent on each report.

• Form duplication minimizes data entry errors by prepopulating forms with existing data and documents.

• Information requests: Firms can email requests and send reminders to beneficial owners. Clients can enter sensitive personal information directly into the system and drag-and-drop required documentation via authenticated link.

• Report data storage provides firms with time savings year after year, by allowing re-use of data for filing amendments, changes and related filings. Data is maintained safely and securely.

 

 

The CCH Axcess Beneficial Ownership platform provides the same features and functionality, with pricing for higher-volume filers. Start your journey here.

 

 

Please note, this product is only available to current CCH Axcess customers. If you are not an existing CCH Axcess customer, you may contact our Solution Consultant here to discuss alternatives. Your use of this product constitutes acceptance of the respective terms and conditions, including your obligation to pay for any services used by you.