ENTREPRENEUR + SMALL BUSINESS SUPPORT: New Tax Regulation
About This Event
New Federal Requirement for Startups: Beneficial Ownership Reporting 101
The Corporate Transparency Act requires many companies doing business in the United States, including startups, to report information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) about who ultimately owns or controls them. Join a FinCEN representative for information on beneficial ownership reporting and how to comply with the law.
Get answers to these questions:
- Does my company have to report its beneficial owners?
- Who is the beneficial owner of my company?
- Does my company have to report its company applicants?
- What specific information does my company need to report?
- When and how should my company file its initial report?
- What if there are changes to or inaccuracies in reported information?
At the end of the presentation, you'll have the opportunity to ask our presenter questions. She'll also provide additional resources and walk you through filling out the required form.
This webinar is free to attend. Please register and a Zoom link will be sent prior to the event. Even if you can't attend at that time, please register so that you can view later.
About the presenter:
Ms. Channing Mavrellis is a Guidance and Outreach Advisor with the Financial Crime Enforcement Network’s (FinCEN) Beneficial Ownership and Transparency Unit. Her work at FinCEN involves the implementation of the Corporate Transparency Act as well as drafting guidance on issues including trade-based money laundering, human trafficking, and environmental crimes. Prior to joining FinCEN, Ms. Mavrellis was the Illicit Trade Director at Global Financial Integrity, a think tank focused on combatting illicit financial flows. There her work focused on the intersection of illicit finance, transnational crime, and international trade, and included authoring several reports as well as testifying twice before Congress. Ms. Mavrellis received her Bachelor’s degree from the University of Wisconsin and her Master’s degree from American University.