A new reporting requirement went into effect on January 1, 2024 that requires 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).

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.

Equip yourself with the most current insights into the Corporate Transparency Act (CTA) by joining our comprehensive 120-minute webinar. This session will cover the CTA's key requirements since its implementation on January 1, provide a detailed review of the regulation, and offer the latest updates on reporting obligations.

Why Should You Attend?

Under the Corporate Transparency Act, entities formed before 2024 must submit their initial Beneficial Ownership Information Report (BOIR) by December 31, 2024, unless they fall under a specific outlined exemption. With this deadline drawing near, it is essential to determine if your company is subject to these filings and, if so, to understand the necessary disclosures, including beneficial ownership details, information about the entity's creator or registrant in the U.S., and any changes to this data, which are made to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) within a specified timeframe in order to avoid severe penalties.

The webinar will conclude with an interactive Q&A session, giving you the opportunity to engage directly with our expert presenters.

Learning Objectives:

  • What is the Corporate Transparency Act
  • Who needs to report?
  • How CT Corporation’s Beneficial Ownership Solution can help
  • New information regarding reporting, corrections, and update obligations
  • Review of CTA-related terms and concepts, e.g., reporting company, company applicant, substantial control, etc.
  • Recent Financial Crimes Enforcement Network (FinCEN) updates
  • CSC’s Beneficial Ownership Information (BOI) filing service and related solutions

Session Highlights:

  • Which entities are required to report
  • Report filing deadlines
  • Who qualifies as a beneficial owner
  • Required Beneficial Owner Information (BOI)
  • Entities exempt from reporting
  • Reporting requirements for exempt entities
  • Strategies for ensuring compliance

Credits and Other information :

  • IRS CPE Credits: 2.0 TAX
  • Location: Virtual/Online
  • Delivery method: Group Internet Based
  • IRS Course ID: DFFSC
  • Attendance Requirement: Yes
  • Case Studies and Live Q&A session with speaker

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Each webinar wraps up with a Q&A session, giving you the opportunity to interact with industry experts and receive answers to all your queries.

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