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CTA Compliance: Understanding New Business Filing Requirement

  • CPA (US)

Published : April, 2023

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Free (Only Today)

0.2 Credit

Subject Area

Business Law

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Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

Looking to stay ahead of the game and ensure that you and your small business comply with the new Corporate Transparency Act? Look no further than our nano learning course, taught by expert Nicholas Preusch

This major new act is going to cause a lot of changes in the industry, and we want to make sure that you are prepared. The act requires the reporting of official owners and beneficial owners of entities such as partnerships and LLCs to the federal government, specifically to the Financial Crimes Unit of the Treasury (FinCEN). This is to help crack down on money laundering and other illegal activities.

While large businesses may be exempt from filing, small businesses are not. It is estimated that 32.6 million businesses will have to file. This is where our nano learning course comes in. We will guide you through the legalities and regulations of the act, which can be overwhelming and confusing.

Don't let the Corporate Transparency Act catch you off guard. Sign up for our Nano Learning Course today and be prepared for the changes ahead!

At this time, Nano-learning is not accepted by all state boards. If you are not sure whether your state board accepts Nano-learning, you can ask your state board or visit the NASBA registry.

Learning Objectives

  • To analyze the new Corporate Transparency Act and its impact on small businesses
  • To identify the entities required to file under the act, and ensure compliance with the act's reporting requirements.

Course Qualification

Webinar Qualifies For

  • 0.2 CPE Credit of Business Law for Certified Public Accountants (CPA-US)
  • 0.2 General Credit of Business Law for Accountant/Bookkeeper/Tax Professionals
  • Click here to view the List of states which accepts Nano Learning CPE Credits

Additional details

  • Course Level :
    Basic
  • Credits :
    0.2
  • Instructional Method :
    Nano Learning
  • Pre-requisites :
    None
  • Advance Preparation :
    None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) 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.

Presenter

About Presenter

Nicholas has worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility. Nicholas has authored publications for the AICPA’s Journal of Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure. He also co-authored a textbook, Tax Preparer Penalties and Circular 230 Enforcement, published by Thomson Reuters. Nicholas has been recognized as the Top 5 Under 35 CPAs in Virginia, and is a member of the  AICPA’s Tax Executive Committee. Nicholas is an adjunct professor at the University of Mary Washington. He is a graduate of Carthage College, University of Connecticut (M.S. in Accounting), Case Western Reserve University School of Law (J.D.), and Georgetown University (LLM in Taxation).

Faq

FAQs content

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