Corporate Transparency Act: Coverage Considerations for CPA Firms, FAQ and Sample Letters from CAMICO

CAMICO has just released Coverage Considerations for CPA Firms to provide further clarification regarding specific coverage-related considerations and implications of rendering Corporate Transparency Act (CTA)-related services. Learn more here. 

To assist WSCPA members, CAMICO has provided the following resources (Word documents): 

• CTA FAQ 
• Client Notification Letter
• Engagement Letter Templates: 
  • Administrative Services — Filing of Initial BOI Report 
  • Limited CTA Advisory Services — Filing of Initial BOI Report 
• Management Representation Letter — Filing of Initial BOI Report 

RELATED RESOURCES
BOI and Unauthorized Practice of Law: The Case in Washington State
Oh BOI: The Corporate Transparency Act and CPA Firms
Call to action for beneficial ownership information (BOI) reporting (AICPA)
WSCPA Supports Letter Asking for Bills to be Included in Year-End Legislative Package to Delay BOI Reporting Requirements
Corporate Transparency Act/Beneficial Ownership Information Reporting — Risk Management Considerations for CPA Firms  
Beneficial Ownership Information Rules: What CPAs Need to Know 
WSCPA Supports Comment Letter Calling for an Extension and Expansion in Beneficial Ownership Reporting Requirements
WSCPA Reaches out to Congress to Support Delay in Beneficial Ownership Reporting Requirements
Help Delay Beneficial Ownership Reporting Requirements: Urge Your Congressional Representatives to Cosponsor Legislation