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.

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 offered by a 3rd party vendor. Login instructions will not be accessible in the My CPE Tracker section of the ISCPA website. Login instructions will be emailed directly to you by California Education Foundation (CalCPA).