• Season 2: Episode 11: Navigating the Corporate Transparency Act

  • May 14 2024
  • Length: 21 mins
  • Podcast

Season 2: Episode 11: Navigating the Corporate Transparency Act

Listen for free

View show details

  • Summary

  • In this episode, our host, Josh Tyree introduces Brittany Mergan, CPA of CTA Compliance, the preferred provider for helping our clients comply with the new Corporate Transparency Act requirements. Along with our partner at Harris, David Hutchison, EA, they address key aspects of the Act, help define the types of owners that will be required to report, deadlines for reporting, exemptions, and tips for multi-entity owners.

    Show Notes:

    • 00:35 Introduction to the Corporate Transparency Act (CTA)
    • 01:24 Current Status and Legal Challenges of the CTA
    • 02:47 What is Beneficial Ownership Information (BOI) and the role of FinCEN?
    • 04:20 Who needs to file and what do I have to submit?
    • 05:10 Consequences of Non-Compliance with the CTA
    • 05:59 Defining ownership interest, and the effect on spouses
    • 10:08 Deadlines for reporting
    • 11:42 Defining reporting applicants and their responsibilities in reporting
    • 13:20 Clarifying requirements for Single Member LLCs or Sole Proprietors
    • 16:33 Tips for multi-entity owners

    Links:

    Questions on CTA Compliance, contact info@ctacompliancellc.com

    Brittany Mergen's LinkedIn

    David Hutchinson's LinkedIn

    David Hutchison's Biography
    Show More Show Less
Show More Show Less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Season 2: Episode 11: Navigating the Corporate Transparency Act

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.co.uk reviews

Amazon reviews
No Reviews are Available