Your Guide to the Corporate Transparency Act
- Average Rating:
- Not yet rated
- Faculty:
- Timothy J. Pierce | Kent L. Schlienger | Sam Wayne
- Duration:
- 3 Hours
- Format:
- Audio and Video
- Product Type:
- On Demand - Also available: Video Replay 2 | On Demand
- License:
- Never expires.
Description
Your corporate headquarters
Starting January 1, 2024, the Corporate Transparency Act (CTA) requires most private business entities to identify and report beneficial ownership information to the federal government. Failure to comply with the CTA’s reporting requirements can result in significant civil or criminal penalties. Lawyers will play a critical role in helping businesses navigate the CTA, so you need to have a plan in place for your current and future business clients.
Be prepared to advise your clients on compliance with Your Guide to the Corporate Transparency Act – a webcast seminar and companion PDF guide that will walk you through definitions, covered entities, and reporting requirements of the CTA.
Develop a solid understanding of:
- The CTA’s impact on your role in the formation of entities
- How reporting companies, beneficial owners, and company applicants are defined in the CTA
- Key dates and time periods for initial and ongoing reporting
- Which entities are required to report and which are exempt
- What information must be reported and when
- What happens if an entity’s prior exemption expires
Seminar attendees will receive a downloadable companion PDF manual featuring sample language for a notice to clients, as well as sample clauses for shareholder and operating agreements. Ramp up your preparedness before the CTA goes into effect to help your clients avoid adverse consequences with help from Your Guide to the Corporate Transparency Act.
Handouts
| CA3569 Course Materials (3.3 MB) | Available after Purchase | ||
| Complete the Evaluation | Available after Purchase | ||
Faculty
Timothy J. Pierce Related Seminars and Products
State Bar of Wisconsin
Timothy J. Pierce has been Ethics Counsel for the State Bar of Wisconsin since 2004. He received his undergraduate degree from the University of Wisconsin–Madison and his law degree, cum laude, from the University of Wisconsin Law School. Mr. Pierce was previously a Deputy Director at the Office of Lawyer Regulation in Milwaukee and Madison. He has also been employed as the Ethics Administrator for Milbank, Hadley, Tweed & McCloy, in New York, and as an Assistant State Public Defender in Racine. He is a member of the State Bar of Wisconsin. He is a frequent speaker on matters of professional ethics and has given hundreds of CLE presentations to a wide variety of groups on professional responsibility law. He serves as reporter for the State Bar’s Committee on Professional Ethics and writes the monthly “Ethical Dilemmas” column for the State Bar of Wisconsin. He has also taught Professional Responsibilities at the University of Wisconsin Law School since 2011 and currently serves as a Volunteer Subject Matter Expert for the MPRE.
Kent L. Schlienger Related Seminars and Products
Madison law firm Neider & Boucher, S.C.
Kent L. Schlienger is a member of the Madison law firm Neider & Boucher, S.C. He received his undergraduate degree from the University of Wisconsin-Milwaukee in 1982 and his law degree from the University of Wisconsin Law School in 1985. Mr. Schlienger is a member of the State Bar of Wisconsin, the American Bar Association, and the Business Law Sections of both bar associations. His practice focuses on entity formation and governance, mergers and acquisitions, and venture capital financing. Mr. Schlienger was a coauthor of the original edition (1991) of the State Bar of Wisconsin publication, Organizing a Wisconsin Business Corporation, and has been the primary author of its subsequent supplements and revised editions.
Sam Wayne Related Seminars and Products
Neider & Boucher, S.C.
Sam Wayne practices business law and business litigation with Neider & Boucher, S.C. He has advised clients on a wide variety of matters including stock and asset purchases, entity formations and financing, commercial contracts, restrictive covenants, intellectual property protection, and regulatory compliance. He handles most of the firm’s litigation matters, handling disputes in Wisconsin and Federal courts. He currently serves on the State Bar’s Business Law Section Board of Directors, and served on its Board of Governors from 2017-2021 and Anti-Sexual Harassment Task Force and Oversight Committee from 2020-2023. He was named a SuperLawyers Rising Star from 2018 – 2021 and as one of the Best Lawyers in America for Commercial Litigation in 2023. He has been a Fellow of the Wisconsin Law Foundation since 2018. He ran his own solo practice from 2009-2010 and 2014-2021.