Corporate Transparency Act Developments
Description
Objective
After attending this presentation, you will be able to... Analyze the CTA’s reporting requirements for certain businesses. Identify how the business will file its reporting requirements with FinCEN relating to the beneficial owners Identify who must file a report and what information must be provided Recall the necessary information needed for each Reporting Company. Identify which individuals must be included in the report. Recognize which entities are excepted from filing. Recall what penalties are imposed for not reporting on a timely basis Formulate a plan for reporting post- NSB . Compare the potential implications of FinCen’s proposed rulemaking with respect to non-financed purchases of residential real estate and gratuitous transfers.
Attendee Information
Allison M. McLeod, LL.M., CPA
Required Knowledge
None
Who Should Attend
This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses and individuals that have these tax implications. All in-house and public practice t
Credit Types
- CPE – Taxes
The North Carolina Association of Certified Public Accountants 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/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.