When: Monday, June 12, 2023 | 10AM-11:30AM ET
Associated with: NCCPAP National
Topic: Tax Update and Featured Speaker, Changes in Beneficial Ownership Regulations
Date: Monday, June 12, 2023
Location: Zoom Meeting
Guest Speaker: Melanie Lauridsen, Director – Tax Practice & Ethics, AICPA
Session Speakers: Frank E. Sands, CPA and Stephen F. Mankowski, CPA, CGMA
1.5 CPE (Taxes) per session
Feature: Beneficial Ownership Information (BOI) Regulations
Among the number of rules that govern U.S. banks and other financial institutions, the most impactful may be connected to beneficial ownership and the collection and maintenance of this information. The new beneficial ownership information reporting requirements will take effect on January 1, 2024. The intent of the new requirements is to unmask shell companies and protect against abuse by money launderers and other criminals. As a significant part of the requirements, it is important for tax professionals to inform their clients of these filing obligations, what they entail and the implications they have on the tax professional. Don’t miss this important update and ensuing discussion.
This session will lead with NCCPAP’s National President who will give an update on various issues and topics affecting practitioners. Next, attendees will hear from our IRS liaison regarding specifics on the status of IRS Notices, Congressional legislation, and pending laws affecting your practices and your clients, based on NCCPAP’s recent visits with various legislators in Washington, D.C. These two topics will be followed by our featured speaker/topic detailed above, specifically updates and interpretation regarding the new Beneficial Ownership Information Regulations and how it will affect taxpayers.
About our Featured Speaker, Melanie Lauridsen:
Melanie Lauridsen is a director of the Tax Practice & Ethics division of the AICPA in Washington, DC. She has a Masters in Accountancy from GWU. She worked at PwC and then Argy, Wiltse and Robinson before working at the AICPA. At the AICPA she’s worked with the Tax Policy & Advocacy team in which she handled tax administration matters and was the main liaison to the IRS. Through the Tax Practice & Ethics team, Melanie helps with the strategic direction for resources, education, and materials necessary for CPAs to be recognized as the premier providers of tax services.
Program Pre-requisite: None
Program Level: Basic
Advanced Preparation: None
Type of Delivery: Group Internet Based
Note to Non-Members:
NCCPAP NOW is a free benefit for NCCPAP members. For this year, we have extended that privilege to non-members for up to two NCCPAP NOW events. If you have already attended two sessions, we encourage you to become a member. We are currently offering a 25% discount off our regular membership rates after reaching our 2 session limit. By joining, you may continue to enjoy our NCCPAP NOW broadcasts, as well as many other benefits.
This program is sponsored by the NATIONAL CONFERENCE OF CPA PRACTITIONERS INC. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.
For a complete copy of NCCPAP education program policies including refund policy and complaint resolution policy, contact Alexandra DeNiro at 516-333-8282 or e-mail firstname.lastname@example.org.