Is Taking on CTA-Related Services Risky Business? 2024

Overview

Since the Corporate Transparency Act (CTA) went into effect on January 1, 2024, many questions have continued to surround it. One of the biggest questions facing CPA firms is whether to provide CTA-related services and, specifically, how to comply with Beneficial Ownership Interest (BOI) reporting. This information-packed webinar will help answer some of the profession's major CTA questions today.

Instructor: Nicole Graham

Highlights

• Considerations for providing notice of the compliance requirements to clients who may be subject to CTA filing requirements.
• How firms should evaluate what, if any, services they may provide related to client’s CTA compliance, and the related risks.
• Provisions to include in engagement letters when engaged to provide assistance with CTA compliance.

Prerequisites

None

Designed For

CPAs interested in providing CTA-related services.

Objectives

• Understand the reporting requirements of the CTA
• Identify the risks associated with providing CTA-compliance services
• Determine risk mitigation processes and procedures when undertaking CTA-related services

Preparation

Working knowledge of the CTA is preferred.

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.