))
048: The Corporate Transparency Act: Important Changes For Business Owners with David Chaves
Manage episode 397403670 series 3001511
Content provided by Jamie Fallon, Derek Gregoire, Keith Ellis, and Matthew Peck. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jamie Fallon, Derek Gregoire, Keith Ellis, and Matthew Peck or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Most business owners are probably unaware that the Corporate Transparency Act went into effect on January 1, 2024. More importantly, this new law will directly impact the day-to-day operations of many business owners. Intended to combat money laundering, human trafficking, and funding terrorism, this new law brings with it new reporting requirements with an array of penalties.
We’re thrilled to welcome David Chaves back to the podcast as he brings unique skills and experience to talk about this very important topic. He’s a retired FBI Agent, attorney, and keynote speaker on topics including white-collar crime, compliance, risk management, government investigations, and leadership.
In this conversation, we’ll explain why most businesses will be impacted by this law, how to ensure your business complies with FinCEN if necessary, and how to get ahold of David’s ebook to learn more.
In this podcast interview, you’ll learn:
- Who within your company may now need to file for corporate transparency compliance and why it matters.
- Reporting deadlines for FinCEN compliance and potential fines for noncompliance.
- Who will be able to see your FinCEN compliance information after you file.
- Why FinCEN compliance is catching the United States up to the rest of the world.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast
Connect With Us on Social
68 episodes
Share
