What you need to know about the Corporate Transparency Act (CTA)

Description

The Corporate Transparency Act, which was passed as part of the Anti-Money Laundering Act of 2020 became effective on January 1, 2024 and requires most small businesses operating in the United States to file a Beneficial Owner Information Report (BOIR) online with the Financial Crimes Enforcement Network (FinCEN). The BOIR consists of information about the "Beneficial Owners" of the company. The deadline to file the initial reports is approaching, so owners who have not filed won't want to miss this important information session! 

Presenter: Ben Forbes, Esquire, - Williamson, Friedberg & Jones, LLC 

Discussion Topics: What Is the timeline for filing an initial Beneficial Ownership Information report?
Is my business subject to the CTA? What information must be reported?
Who qualifies as a Beneficial Owners of my company?
What are the penalties for violating the CTA?
When must the information reported be updated? 

Registration: This is a free webinar hosted by the Schuylkill Chamber of Commerce. Registration is required. Registration Link: https://us06web.zoom.us/.../tZIvf-6sqD4sHtRR... (**Please note, when you receive the Zoom link it will say 8:00 a.m., but the presentation starts at 8:15 a.m.)