What is Beneficial Ownership Reporting and How Do I File?
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(Check-In 1:00pm)
Virtual
1.00 Credits
Member Price $0.00
Non-Member Price $49.00
Overview
The Corporate Transparency Act requires many companies doing business in the United States to report information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) about who ultimately owns or controls them. Join a FinCEN representative for a virtual information session on beneficial ownership information reporting requirements and how to comply with the law.
Prerequisites
None
Designed For
This course is designed for CPAs and accounting professionals whose entities or clients may be affected by these requirements.
Objectives
Understand beneficial ownership reporting and how to comply with the requirementsLearn which businesses must report ownership information to FinCEN
Preparation
None
Leader(s):
Leader Bios
Phil Lam, Beneficial Ownership and Innov. Chief, U.S. Department of the Treasury Financial Crimes Enforcement Network
Phil Lam leads the effort to enhance transparency of corporate ownership for the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. FinCEN safeguards the U.S. financial system by investigating money laundering, terrorism financing, and other financial crimes. With over 15 years of experience, Phil has worked as a management consultant, product development leader, and strategist. In 2013, he served on a White House initiative to promote trusted digital identities, where he led government investments in innovative technologies on strong authentication, identity verification, and privacy preserving architectures. Phil holds a Bachelor of Science in Computer Engineering from Northwestern University and an MBA from Purdue University.
Non-Member Price $49.00
Member Price $0.00