The Corporate Transparency Act is Coming: Are You Ready?

Tax attorneys John Bunge, Alan Granwell, Eddie Jauregui, Lawrence Kemm and Michael Scheinberg hosted a webinar about the Corporate Transparency Act (CTA). They discussed its impact on numerous legal areas, such as corporate, finance, banking, real estate, private equity, private wealth, tax and privacy. They also covered the new reporting rules and provided insights as to how entities, their owners and advisors should prepare for the CTA.

An Update from FinCEN

The Financial Crimes Enforcement Network (FinCEN) today (Monday, September 18, 2023) published a Small Entity Compliance Guide to assist the small business community in complying with the beneficial ownership information (BOI) reporting rule. The Guide is intended to help businesses learn about and comply with the new reporting requirements. FinCEN also issued revised and new FAQs about the BOI reporting requirements that incorporate content from the Guide.

News Release: https://www.fincen.gov/news/news-releases/fincen-issues-compliance-guide-help-small-businesses-report-beneficial-ownership
Small Entity Compliance Guide: https://www.fincen.gov/sites/default/files/shared/BOI_Small_Compliance_Guide_FINAL_Sept_508C.pdf
FAQs: https://www.fincen.gov/boi-faqs
FinCEN’s BOI Webpage: https://www.fincen.gov/boi

Duration: 1:34:49