BEGIN:VCALENDAR VERSION:2.0 PRODID: BEGIN:VEVENT UID:156042imp DTSTAMP:20260531T020606Z DTSTART:20261118T160000Z DTEND:20261118T180600Z SUMMARY: New Corporate Transparency Act Developments and Proposed FinCen Reporting Requirements for Real Estate Sellers (2 hours) DESCRIPTION: U.S. Department of Treasury&rsquo\;s Financial Crimes Enforcement Network (FinCEN) imposed a new reporting requirement that went into effect on January 1\, 2024. Millions of businesses may have to file a Beneficial Ownership Information (BOI) Report. In a surprise turn of events\, the Federal District Court from the Northern District of Alabama ruled on March 1\, 2024 in National Small Business United v. Yellen (&ldquo\;NSB&rdquo\;) that the CTA is unconstitutional. This course will discuss the CTA&rsquo\;s provisions and the court&rsquo\;s decision in NSB. Also covered will be future implications for business entities and steps to consider given the recent ruling\n We will also discuss recent proposed rulemaking by FinCen with respect to nonfinanced purchases of residential real estate and gratuitous transfers so that businesses can prepare for any additional reporting burdens that might arise\n **Please Note: If you need credit reported to the IRS for this IRS approved program\, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com\n CLASS:PUBLIC END:VEVENT END:VCALENDAR