Date: Thursday, May 2, 2024
Time: 12:00pm - 2:00pm
Location: Lake Forest Club: 554 N Westmoreland Rd, Lake Forest, IL 60045
Speaker: Elizabeth C Cronin - Attorney at Law

Join us for our next luncheon on Thursday, May 02, 2024, where Attorney Elizabeth Cronin of RS&S Law offices will be discussing: “The Corporate Transparency Act (“CTA”).”   

The Corporate Transparency Act (“CTA”) was recently enacted to combat money laundering, terrorist financing, tax fraud, and other financial crimes. The CTA went into effect on January 1, 2024, requiring many of us and our clients, in an effort to promote financial transparency, to report certain information regarding beneficial ownership of business entities to the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). FinCEN will then compile these reports into a national registry of business entities. The CTA's requirements have caused much confusion among attorneys, business owners, and financial professionals, and have even been struck down in at least one federal court. We will discuss the basis for this confusion and will set forth some simple measures by which you and your clients can successfully navigate this new law.

Please RSVP to join us - we hope to see you there!

Best Regards,

Nimisha Patel, CPA, CAA

Pinnacle Worldwide, Inc.

Vernon Hills, IL 60061/Lincolnshire, IL 60069

Phone:    1-847-680-3829

Toll Free: 1-877-704-0516  


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