The Corporate Transparency Act requires mandatory disclosure of the beneficial owners of existing and newly formed entities. This legislation imposes new compliance requirements for existing business entities. Knowledge of this legislation and the new reporting requirements is critical for any person involved in the creation of a new business entity or advising existing business entities. More importantly, advisors must be aware of the new reporting requirements to prevent the imposition of harsh penalties. This course will provide the attendee with both knowledge of the legislation and knowledge of the exceptions to the legislation.
NOTE: This course has been updated to include the filing deadline extension granted by FinCEN on November 29, 2023.
DESIGNED FOR
CPAs, EAs, Attorneys, Bankers, and other financial advisors
BENEFITS
- Identify the applicability of the Corporate Transparency Act to an advisor’s clients
- Understanding which entities are now required to disclose owner information
- Understand the reporting requirements of the Corporate Transparency Act
- Understanding what entities are subject to the exceptions to the Corporate Trenchancy Act
- Understanding the penalties for noncompliance
- Understanding the final rules and regulations that were recently established
HIGHLIGHTS
To provide participants with a complete understanding of the Corporate Transparency Act and how to use such knowledge to properly advise their clients.
COURSE LEVEL
Update
ADDITIONAL NOTES
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.