A new reporting requirement goes into effect on January 1, 2024 that will require millions of businesses with qualifying entities to file a Beneficial Ownership Information (BOI) Report with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). These reporting requirements aim to bolster the integrity of the U.S. financial system, creating greater obstacles for illicit individuals to utilize shell companies for money laundering or hiding assets.
Join this 120-minute webinar to learn about the Corporate Transparency Act including recent updates, who must file, what information you’ll need to prepare and understand the key benefits of CT Corporation’s Beneficial Ownership Premium Platform.
This Online Tax Webinar covers the following major key topics:
- What is the Corporate Transparency Act
- Who needs to report?
- How CT Corporation’s Beneficial Ownership Solution can help
- Recent updates enacted
- Reporting requirements
- 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 Tax Hours
- Recommended field of study – Tax
- Session Prerequisites and preparation: None
- Session learning level: Advanced
- Location: Virtual/Online
- Delivery method: Group Internet Based/Self-Study
- NASBA Sponsor: 138804
- IRS Course ID: DFFSC
- 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)
- Tax Professionals
- Other Tax Preparers
- Finance professionals
- Financial planners
Pioneer Educator 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.