Free Webinar | January 25: What You Need to Know About the Corporate Transparency Act to Avoid Stiff Penalties Register now for our webinar on January 25th as our experts dive into the critical details of the Corporate Transparency Act and how you can protect your business from fines and legal problems.

By Entrepreneur Staff

If you own a small business, new legislation could require you to report ownership details to the federal government. Failing to do so could result in fines and even jail time.

Join our exclusive webinar on January 25th at 3:00 PM ET as tax experts Mark J. Kohler and Mat Sorensen explain the critical details of the Corporate Transparency Act and what it means for you and your business.

Key Talking Points:

  • What is the Corporate Transparency Act?

    • The law is meant to close a loophole that allows criminals to hide their identities using shell companies. But the legislation will also affect nearly every small business, including family offices, independent contractors, and LLCs used by mom-and-pop shop owners.

  • What Every Small Business Owner Needs to Know

    • Learn how the Corporate Transparency Act will directly impact your business structure, and which businesses are exempt.

  • The Consequences of Non-Compliance

    • The potential penalties for non-compliance are huge, including a daily fine of $500 and the possibility of a two-year prison term.

  • What You'll Need to Disclosure

    • Understand what personal information you'll be asked to provide and why, including home addresses, social security numbers, and dates of birth.

  • Business Owner Information (BOI) Form Details

    • Instructions and explanations to properly fill out the intricate Business Owner Information (BOI) form to avoid costly mistakes and delays.

  • Timeline and Deadlines

    • Understand the timeline for compliance with the Corporate Transparency Act and ensure your business is well-prepared.

This webinar is essential to understand and comply with the Corporate Transparency Act. Empower yourself with the knowledge to protect your business from fines and legal problems. Register now to safeguard your business's future.

Register Today

About the Speakers:

Entrepreneur Press author Mark J. Kohler, CPA, attorney, co-host of the Podcast "Main Street Business", and a senior partner at both the law firm KKOS Lawyers and the accounting firm K&E CPAs. Kohler is also the author of "The Tax and Legal Playbook, 2nd Edition", and "The Business Owner's Guide to Financial Freedom".

Mat Sorensen is an attorney, CEO, author, and podcast host. He is the CEO of Directed IRA & Directed Trust Company, a leading company in the self-directed IRA and 401k industry and a partner in the business and tax law firm of KKOS Lawyers. He is the author of "The Self-Directed IRA Handbook".

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Business News

Zillow Predicts These 10 Places Will Have the Hottest Housing Markets in 2025

Zillow predicted that the hottest housing market of 2025 will be Buffalo, New York. Here's why.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

'Masculine Energy Is Good': Mark Zuckerberg Tells Joe Rogan He Thinks Companies Need More Aggression

On the most recent episode of "The Joe Rogan Experience," Meta CEO Mark Zuckerberg said corporate culture has become "neutered."

Business News

'More Soul-Crushing Than Ever': Popular Hiring Platform Finds Around 20% of Its Postings Were 'Ghost Jobs'

Is that job listing too good to be true? There's a one-in-five chance that it might be.

Growing a Business

5 Risk-Taking Lessons From Founders Who Bet Big and Won

Discover the bold moves and strategic risks that catapulted these entrepreneurs to success. Learn how their fearless decisions can inspire your own path to growth.