Corporate Transparency Act webinar recording is now available on the Michigan State University Extension website
Video recording covers filing tips, an example filing, and Q&A discussion.
Looking for tips on how to file beneficial ownership information (BOI) under the Corporate Transparency Act (CTA)? View the Filing by the Deadline for the Corporate Transparency Act: Discussion and Filing Tips Recorded Webinar.
The webinar begins with basic explanations of the CTA, where we discuss and define who is a “beneficial owner” and what is “substantial control.”
We discuss filing tips and how to navigate the website on the video starting at 17:18. We walk through an example filing beginning at 21:48 and the recording wraps up with Q&A discussion at 31:30.
If you are wondering whether you need to file under the CTA, please see a recently updated MSU Extension article here which provides additional details and links to resources. For the Spanish version of the article, click this link. And for more specifics, you can look for your question on the FINCEN frequently ask questions webpage at https://www.fincen.gov/boi-faqs.
For more specific details, you can look for your question on the FinCEN frequently ask questions webpage at https://www.fincen.gov/boi-faqs.
Note that a federal court decision on Dec. 3, 2024 (the same day this webinar was conducted) put an injunction on the enforcement of the CTA, meaning that for now, companies are not required to report. However, we do expect some sort of action to be taken before the filing deadline, which may reinstate the need to file.