1:00 PM ET | 12:00 PM CT | 10:00 AM PT |
Webinar Instruction will be emailed on your registered email address 3 days prior to webinar
Web Download / e-Transcript will be shared in 7 working days from the date of webinar
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
What is Reported?
How CT Corporation’s Beneficial Ownership Solution can help
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
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:
Enrolled Agents (EAs)
Other Tax Preparers
Coder Archives is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Patrick McCormick is an attorney with over a dozen years of experience, focusing his practice specifically on international taxation. Mr. McCormick represents both business and individual clients on all aspects of United States international tax rules, both from an income tax and estate/gift tax perspective. Having previously served as a partner at a large law firm, a midsized accounting firm, and a boutique tax law firm, Patrick’s client exposures have covered every conceivable area of American-side international tax matters. Patrick has also represented every type of taxpayer – from multibillion-dollar business enterprises and ultra-high net worth individuals to startups and individuals with complex questions but limited budgets.