Corporate Transparency Act (CTA)

1 Credits: Taxes


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Corporate Transparency Act (CTA)

Course Level
CPE Credits

1 Credits: Taxes

Course Description

With the Corporate Transparency Act enacted on January 1, 2021, there’s a significant shift in the regulatory landscape affecting LLCs, S Corporations, C Corporations, and other registered entities. This new legislation, aimed at curbing illicit activities and enhancing national security, poses a challenge for professionals in navigating its implications. Are you concerned about understanding who must file, what information is required, and who qualifies as a “beneficial owner”? This course offers a comprehensive solution by breaking down the complexities of the Corporate Transparency Act. You will learn to inspect proposed and final regulations, interpret filing requirements, and understand the nuances of exemptions and penalties. The course is designed to equip you with the knowledge to comply with this new act confidently, ensuring your practice or business adheres to the latest legal standards and protects against the risks of non-compliance.

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Learning Objectives

Upon completing this course, participants will be able to:

  • Inspect proposed regulations and final regulations if available
  • Interpret Who Must File, When companies Must File, and What information they must provide
  • Discuss and define who is a “beneficial owner”
  • Analyze who is exempt from filing
  • Examine who is a “company applicant”
  • Review Penalties for not filing
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Course Specifics

Course ID
Revision Date
August 25, 2022


Advanced Preparation


Compliance Information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02057-22-O
IRS Federal Tax Law Credits: 1
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1793
CTEC Federal Tax Law Credits: 1

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at

Meet The Experts

A.J. Reynolds, EA

A.J. Reynolds, EA has over thirty years of experience encompassing various areas of taxation. Though his practice centers on Individual, Business, and Estate Tax preparation, A.J. focuses a portion of his practice to IRS Representation. As diverse as his specializations, A.J.’s clientele, too, ranges from average workers to Fortune 500 executives. Additionally, A.J volunteers his time with the Iowa Legal Aid’s Managing Attorney assisting in Tax Court cases and assorted income tax issues. A.J. brings his everyday “in the trenches” experience to seminars and webinars for multiple organizations to assist attendees with real issues affecting tax professionals. A.J. started his …

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