Complying with the Corporate Transparency Act

10.01.2024 | 11 - 11:30 a.m. CT

The passage of the Corporate Transparency Act (CTA) has had a major impact on businesses across the country, including those entities not traditionally subject to federal regulation (i.e. small businesses and trust & estate related entities). Join Tax, Trusts & Estates Partner Clary Redd and Private Business Associate Zachary Taylor as they explain how the CTA impacts those who form, own, and operate entities in the United States.

The program will provide an overview of the CTA and its various reporting requirements, the applicability of its exemptions, how to identify beneficial owners, and the exceptions available to the reporting of specific beneficial owner information. The presentation will conclude with a discussion of ongoing compliance issues and how Stinson can help business owners and operators address the uncertainties associated with this evolving regulatory environment.

TOPICS WILL INCLUDE

• The definition of a "reporting company" under the CTA.
• The 23 exemptions to the definition of "reporting company" available under the CTA.
• How to determine an entity's "beneficial owners."
• The five exceptions to reporting a "beneficial owner's" information.
• Common compliance issues and how Stinson can help address such issues.

Register online to attend this event.