Impact of Choice of Entity on Beneficial Ownership Information (BOI) Reports

Overview

The Corporate Transparency Act now requires many entities to file BOI reports with information about their owners. The due date for most initial reports is January 1, 2025, which is quickly approaching. Depending on the entity structure selected and whether the entity falls within one of 23 exceptions, an entity may be considered a reporting company and an individual may be considered a beneficial owner. The broad language of the statute and regulations has potential for surprise results. This course provides a guide for the new filing requirements, and examines the impact of choice of entity on BOI reports.

**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab within the webcast platform the day of the program and submit to kori.herrera@acpen.com.

Highlights

• Corporate Transparency Act
• BOI
• Filing Requirements

Designed For

All financial professionals.

Objectives

• Learn the guide for the new filing requirements
• Examines the impact of choice of entity on BOI reports

Notice

This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Accounting Continuing Professional Education Network (ACPEN).