Corporate Transparency Act — 1 Washington Law & Legal Procedure Credit

Effective January 1, 2024, more than 32 million businesses are required to file their Beneficial Ownership Information (BOI) to the Financial Crimes Enforcement Network (FinCEN), a bureau of the United States Department of the Treasury. This one-hour March 6, 2024 program by Dr. Bart Basi, Esquire gives a clear break-down of the Corporate Transparency Act (CTA). Dr. Basi thoroughly explains the purpose of the law, who is required to file, what has to be reported, exceptions, how to report, when to report, what happens if you do not report properly, and tips to help your clients.

Dr. Basi has expertise in the areas of financial accounting, business succession, business valuation, mergers and acquisitions, retirement and estate planning, strategic planning, and tax aspects of business decisions for closely-held and family businesses. He speaks nationwide, writes, and researches on all of these areas. He has written five books, fourteen workbooks, over 300 articles, and has worked with hundreds of businesses and associations. Dr. Basi is the author of "The Tax Report," a bi-monthly report on income and estate tax matters for closely-held businesses, "Accounting and Taxes," a monthly column distributed to individuals and trade journals, and the "Tax Advisory," a monthly advisory for closely-held and family businesses.

Major topics include:
The Corporate Transparency Act and Beneficial Ownership Information (BOI)
Who has to report?
Exceptions to who has to report
Who does not have to report?
Specific information required to report
How to file
What if there are changes or inaccuracies to the initial report?
Penalties
Tips to help your clients

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BOOKS FOR LAWYERS: Over 125 useful books on important legal issues facing attorneys are now available for immediate download at www.NLFforms.com. (Reading books without also listening to or viewing a recorded seminar earns NO CLE credits.)