About this Event
This course will be bi-lingual in English and Spanish and a zoom link will be provided for those who cannot make it in-person.
We will be enjoying tacos from 6 - 6:15pm and the formal session will begin at 6:15pm.
Course Description:
The Corporate Transparency Act (CTA), effective January 1, 2024, imposes a new requirement for many entities to report control and ownership information to The U.S. Department of Treasury’s Federal Crimes Enforcement Network (FinCEN) to combat money laundering. Penalties for non-compliance include significant civil and criminal penalties. The CTA is estimated to affect 32 million entities, many of which are small businesses. This info session will highlight key information you must know about CTA compliance for your business, including how to determine whether your business is subject to its new reporting requirements and what, how, and when you need to report to FinCEN.
Information Presented:
- Overview of the Corporate Transparency Act
- Entities Subject to Reporting
- Whose Information Must Be Reported
- Reporting Deadlines and Procedures
- Civil and Criminal Penalties for Non-Compliance
Who Should Attend:
Small business-owners: is your business entity an LLC or corporation? If so, you likely must file a Beneficial Ownership Information (BOI) report with FinCEN! Join us to understand your new FinCEN reporting requirements under the CTA, and to receive free hands-on help from business lawyers in filing your business’s BOI report. Make sure your business stays compliant!
If you have a laptop, please bring it! Please don't hesitate to reach out if you have any questions! [email protected]
Event Venue & Nearby Stays
105 Congress St, 105 Congress Street, Salem, United States
USD 0.00
