Free Live Webinar on the Corporate Transparency Act

By Michael Bell Monday, February 22, 2021

On March 3, 2021 at 2:00 PM EST, Harvard Business Services, Inc. presents a free, live webinar on the Corporate Transparency Act. This Act was recently passed and will require newly-formed and/or relatively small U.S. corporations and LLCs, or non-U.S. entities that have registered to do business in a U.S. State, to disclose information to the Treasury Department on an initial and ongoing basis regarding the beneficial owners, subject to certain exemptions. The Act represents a fundamental change in the disclosure requirements for forming a business in Delaware. This has been a developing topic that would require a new U.S. corporation or LLC to be required to file a form with the Treasury Department on an initial and ongoing basis providing significant information about the Covered Companies’ “beneficial owners”.

In this webinar, Harvard Business Services’ General Counsel, Jarrod Melson leads a discussion on the disclosure obligation looming over small businesses. In 60 minutes, including a live Q&A session, you will learn:

  • Which companies must make a filing under the Corporate Transparency Act, and when?
  • Who is a beneficial owner subject to reporting?
  • What information must be reported about a beneficial owner?
  • What may Treasury do with the filed information? Who may access the information and under what circumstances?
  • What are the penalties for failing to file or inaccurate filings?

If you have heard about this new Act and have questions, this webinar is for you. Register today, as attendance is limited!

*Disclaimer*: Harvard Business Services, Inc. is neither a law firm nor an accounting firm and, even in cases where the author is an attorney, or a tax professional, nothing in this article constitutes legal or tax advice. This article provides general commentary on, and analysis of, the subject addressed. We strongly advise that you consult an attorney or tax professional to receive legal or tax guidance tailored to your specific circumstances. Any action taken or not taken based on this article is at your own risk. If an article cites or provides a link to third-party sources or websites, Harvard Business Services, Inc. is not responsible for and makes no representations regarding such source’s content or accuracy. Opinions expressed in this article do not necessarily reflect those of Harvard Business Services, Inc.

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There is 1 comment left for Free Live Webinar on the Corporate Transparency Act

Hammad Mehmood said: Wednesday, February 24, 2021

How would it impact non for profit organizations?

HBS Staff replied: Thursday, February 25, 2021

Hello Hammad,

Thank you for your question. We will be happy to research this information and provide any information on the webinar and we hope you can attend.

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