The Corporate Transparency Act and Tax Pros
Compliance Nightmare or Business Opportunity?
Original Air Date: Wednesday, November 15, 2023
Access the Recording and Handouts
The Anti-Money Laundering Act of 2020, which is part of the National Defense Authorization Act for Fiscal Year 2021 and includes the Corporate Transparency Act (“CTA”) became law effective with Congress’ override on January 1, 2021. The CTA requires certain business entities to file, in the absence of an exemption, information on their “beneficial owners” with the Financial Crimes Enforcement Network (“FinCEN”) of the U.S. Department of Treasury (“Treasury”). For tax professionals everywhere this can either make the coming tax season an absolute nightmare or the most profitable you have ever had.
Join Tax Rep Founder Eric Green and File Forms Founder Kenny Dettman as they explain what you need to know and how to implement a system to handle the CTA filings efficiency and accurately and how to make money doing so without hiring any more staff or spending hours for it.
Please use the form below to register for instant access to the recording and handouts. Reminder: No credit for recordings.
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