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@PATAX wrote:

First, many businesses did not know about it, in fact I would say most businesses do not know about it.

 

Second, many CPAs, tax preparers, etc and even attorneys, do not want to prepare this. Third, it appears many E&O/professional liability insurance companies do not want to extend coverage to The BOI Monster. Hopefully soon: RIP BOI.

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The purpose of delaying it is presumably to allow time for more businesses to know about it.

I still don't know what the big deal is.  In most cases, this is an extremely simple filing and there is no reason why a business would need to hire a CPA, tax preparer or attorney to do it.  They can just spend a few minutes and do themselves.  In most cases, renewing their driver's license is much more complicated than just filing the BOI report.  Yes, there may be some more complicated situations (tiered ownership, etc.), but the VAST majority of situations should be very simple for taxpayers to do themselves.