Corporate Transparency Act, Beneficial Ownership Reporting and the Implications for Businesses

The Corporate Transparency Act’s Beneficial Ownership Reporting requirements became effective Jan. 1, 2024. While businesses are pushing for its delay and fighting in courts for its extinction, the requirements currently remain effective. The timing for most businesses to report is by year-end, but businesses formed in 2024 may have a shorter deadline. Learn all you need to know to make sure your company is compliant in a timely manner in this comprehensive discussion.

CBIZ is pleased to partner with Polsinelli Law to bring you this webcast and welcome Bill Quick and Philip Feigen as our guest presenters.

Bill is the Chair of Polisnelli Law’s Corporate Transparency Act group. His practice focuses on managing the corporate portfolios of business enterprises, handling an array of corporate, finance, transactional and related legal needs.

Philip provides general corporate advice as well as complex business counsel to clients in ever-changing regulatory environments.

Course Objectives

After completing this course you will be able to:

  • Discuss basic understanding of BOI reporting requirements 
  • Explain impact of recent Alabama court decisions and appeal 
  • Recognize penalties and enforcement associated with BOI reporting 
  • Describe why CBIZ cannot give advice regarding BOI reporting