Introducing our latest resource hub brought to you by the South Carolina Association of CPAs, dedicated to unraveling the intricacies of beneficial ownership information (BOI). Stay at the forefront of your profession, equipped with essential insights to adeptly navigate the ever-evolving corporate governance landscape.
BOI Insights
This content was submitted by Paychex and is not indicative of SCACPA's position, interpretation, or opinion of BOI Reporting. Paychex will offer a Beneficial Ownership Information (BOI) Reporting Service to help our customers comply with FinCEN reporting and filing [...]
In a letter addressed to the U.S. Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN), SCACPA and its peers voiced serious concerns regarding enforcing the reporting requirements for the Beneficial Ownership Information (BOI). The letter – [...]
By W. Verne McGough, Jr. JD, LLM, Merline & Meacham, PA This article originally appeared in the Winter 2024 issue of the South Carolina CPA Report As 2024 ushers in a host of new legal and compliance challenges, few carry [...]
Accounting firms have raised questions regarding potential coverage for services delivered to clients related to the Corporate Transparency Act (“CTA”). This article from CNA is designed to provide some general guidance regarding how CNA’s accountants professional liability policies might respond [...]
This article was originally published at https://cpai.com. The first second of the post is reprinted here with a link to the full article. The Corporate Transparency Act (“CTA” or “the Act”) took effect on January 1, 2024, and requires [...]
Submitted by Matthew B. Edwards and D. Parker Baker III of Thomas, Fisher & Edwards, P.A., Greenville Note: This article has been adapted from an article entitled “The Basic Ins and Outs of the Corporate Transparency Act” published in [...]
By Ian Redpath, JD, LLM This article originally appeared in the Summer 2023 edition of the South Carolina CPA Report. The beneficial ownership information (“BOI”) reporting provisions were part of the Corporate Transparency Act (“CTA”), enacted by Congress as [...]
