Overview
Event Details
As of January 1, 2024, the Corporate Transparency Act (CTA) requires many entities formed or registered in the United States to report certain Beneficial Ownership Information (BOI) to the US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN). If you have formed or registered an entity in the United States, or intend to do so, you may have BOI reporting obligations. The deadline for making an initial BOI filing is quickly approaching. If you own or hold a leadership position in an entity and have not yet thought about your potential CTA reporting obligations, now is the time to learn about them.
Join members of Steptoe's Corporate practice group on Wednesday, September 18 for our second webinar on the CTA, including who it affects, how to comply with its reporting obligations, and steps you can take now to protect against civil and criminal penalties.
Topics for discussion include:
- Best practices to facilitate CTA compliance
- Entities that need to file BOI reports
- Entities that are exempt from BOI reporting obligations
- Determining who are Beneficial Owners
- Information about Beneficial Owners that needs to be disclosed
- Exceptions to Beneficial Owner disclosure requirements
- Contents of BOI reports
- Deadlines for filing initial and updated or corrected BOI reports
- Penalties for failure to comply with BOI reporting obligations
Couldn't make it? Sign up here and receive the link to listen on demand at a time that suits you.
Date: Wednesday, September 18, 2024
Time: 12:00 p.m. - 1:00 p.m. EDT
Steptoe Speakers:
- Danielle Fern, Of Counsel in Steptoe's Corporate and Property group
- Sabina Jacobs Margot, Associate in Steptoe's Corporate and Property group
CLE Credit: Steptoe is an accredited CLE provider in California, Illinois, New York, and Texas and is pleased to offer the following credit for participation in the live event. If you are seeking credit in other jurisdictions, please make a note in your registration form and we’ll apply on your behalf.
- California: This program is approved for 1.0 hour of CLE credit. No credit may be claimed for required MCLE in legal ethics, recognition and elimination of bias in the legal profession, implicit bias, and competence issues.
- Illinois: This program is approved for 1.0 hour of general CLE credit.
- New York: This program is approved for 1.0 hour of CLE credit including 1.0 hour in areas of professional practice. The content and format are suitable for both newly admitted and experienced attorneys.
- Texas: This program is approved for 1.0 hour of General MCLE credit.
