With so much confusion surrounding the Corporate Transparency Act (CTA) and Beneficial Ownership Information (BOI) reporting, many business owners are struggling to navigate the process and avoid potential penalties.
And if you as an accountant are one of those feeling lost, you’re not alone.
That’s why Christian Jones, CEO of TaxProMarketer, recently sat down with returning podcast guest and long-time TPM friend Mike Gordon, with over three decades of experience running a successful CPA practice, to discuss the CTA and BOI reporting. Mike has dedicated the better part of the last 3 years to understanding the CTA and BOI reporting to greater serve his clients, and guide other business owners to succeed.
In this podcast with Mike, you’ll learn…
- Non-Compliance Penalties: Why you should stay informed and take action regularly to avoid potential penalties.
- Safeguards for your business: Strategies to implement a monthly compliance checklist to stay on top of regulatory changes.
- Client Communication: Why you should be proactive with communicating with clients regarding their BOI.
Looking ahead to where the world is going, as tax and accounting professionals, you MUST equip yourself with the tools you need to stay compliant while also helping your clients thrive.
Listen in as Mike shares strategies and tools that he has developed to better position yourself to be protected while ALSO serving your clients well with CTA and BOI reporting requirements.
Resources
Listen to our last conversation with Mike here
Expertly Managing BOI Reporting Under the 2024 Corporate Transparency Act with Dominique Molina
Highlights
– By learning to implement proactive steps into your tax or accounting business, you’re going to position yourself to help your clients stay compliant with these new and changing regulations.
– These new regulations put every tax professional in the position to shed light on the dark areas of their clients’ businesses and to be a voice of hope.
– The CTA and BOI reporting is going to allow you to elevate your marketing by providing an opportunity for client engagement.
This episode is brought to you by TaxProMarketer, a leading marketing agency serving CPA & tax firms. It was established in May of 2007 in response to increased demand for real-world, relationship-building (and profit-producing) marketing tools for use in the tax and accounting industry.
Currently, TaxProMarketer serves clients all across the United States and Canada who use their services to build relationships with their prospects & existing clients, as well as to grow the value of their business (for immediate cashflow and future sale-ability) by utilizing the following tools: a relational email marketing program, social media feed program, local listings management & optimization, and creating full “online marketing machines” for clients (which include SEO-optimized, conversion-centric custom websites).
TaxProMarketer is a Keap Certified Partner and a Digital Marketer Certified Agency.