Description

CTA Business Ownership Information Reporting (BOIR) rules are now in effect (as of January 1, 2024). Are you and your clients in compliance? This critical update arms you with the knowledge and practical tools to navigate the new reporting process for small businesses specifically. Don t leave your clients in the dark – register today!

In this dynamic session you ll gain clarity on:

• Who must file: Demystify the reporting company definition and identify which businesses fall under the CTA s scope.

• What to report: Understand the key elements of a BOIR and the specific information required.

• When to report: Learn the crucial timelines for filing initial and updated BOIRs and avoid non-compliance penalties.

• Navigating FinCEN BOSS: Ensure accurate and secure filing with information on the new reporting database.

• Correcting errors: Understand the process for amending mistaken BOIRs and mitigate potential liabilities.

• Client Q&A: Equip yourself with questions to proactively identify potential compliance issues and minimize risk for your clients.