This program offers 1 CPE Credit (CPE Awaiting)

Learning Objectives:

• Recognize the requirements of the Corporate Transparency Act.
• Identify Beneficial Owners.

Program Description:

Congress passed the Corporate Transparency Act in 2020, with reporting requirements starting on January 1, 2024. Given the significant penalties for non-compliance—fines of $500 per day and up to 2 years in jail—it is crucial for accountants, auditors, business owners, business managers, and individuals with a controlling interest in a business to understand these requirements.

Key questions addressed in this webinar include:

• Which companies or entities need to report?
• Which entities are exempt from reporting beneficial ownership?
• What are the new requirements for business formations effective January 1, 2024?
• This webinar will provide a thorough review of the Corporate Transparency Act’s requirements and a plain language walkthrough of its provisions.

Who Should Attend:

This course is suitable for:

• CPAs
• CFEs
• CMAs
• CIAs
• CFFs
• MAFFs
• CGMAs
• CFOs
• CEOs
• EAs
• Business owners
• Business managers
• Others involved in the business formation or management process