Corporate Transparency Act: The Final FinCEN Rule
EVENT DATE:
Jan 19,2024
PRESENTER(s): Nick Preusch CPA
1:00 PM ET | 12:00 PM CT | 10:00 AM PT |
120 Minutes
This program has been approved NASBA & IRS CPE Credit 2(Taxes)
With the formal implementation of the US Corporate Transparency Act (CTA) on 1 January 2024, most businesses will have to disclose information relating to ownership, officers, and controlling persons to the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN).
The session examined the new compliance challenges and key considerations for impacted businesses, including the reporting requirements, exemptions and penalties that the CTA will introduce. Join this webinar to learn who the act applies to, how to prepare, and understand the key benefits of the CT Corporation Beneficial Ownership Premium Platform.
Major topics covered in :
- What is the Corporate Transparency Act
- Who must file under these new beneficial rules
- How the filings will be done and the practice of law issues involved with the filings
- Exemptions
- What is Reported?
- How CT Corporation’s Beneficial Ownership Solution can help
Learning Objectives:
- To analyze regulations for reporting requirements of the business.
- To discuss how the business will file its reporting requirements with FinCEN relating to the beneficial owners.
- To identify who must file a report and what information must be provided.
Credits and Other information:
- Recommended CPE credit – 2.0
- Recommended field of study – Taxes
- Session Prerequisites and preparation: None
- Session learning level: Basic
- Location: Virtual/Online
- Delivery method: Group Internet Based
- IRS Course ID: PJGWS-U-00083-23-O
- Attendance Requirement: Yes
- Session Duration: 2 Hours
- Case Studies and Live Q&A session with speaker
- PowerPoint presentation for reference
Who Will Benefit:
- CPA
- Enrolled Agents (EAs)
- Tax Professionals
- Attorneys
- Other Tax Preparers
- Finance professionals
- Financial planners
