Topic:  “The Corporate Transparency Act of 2024: Government Overreach or Corporate Accountability?”  

Speaker:  Gene Kadish, Attorney At Law, Kadish Associates Law Group

Presentation: 
I. OVERVIEW: 
a. Purpose for enacting the legislation. 
b. Certain company information to be reported to US Dept of Treasury’s Financial Crimes Enforcement Network (FinCEN). 
c. When was it enacted. 
d. When does it go into effect. 

II. WHO IS AFFECTED? 
a. Affected companies. 
b. Exemptions. 
c. What information is required to be reported. d. Identification of “Beneficial Owner” of reporting company. 
e. Definition of “Substantial Control.” 
f. Definition of “Ownership Interest.” 
g. Identification of “Company Applicant.” 

III. WHEN MUST COMPANY REPORTS BE FILED? 
a. Companies formed prior to January 1, 2024.
b. Companies formed on or after January 1, 2024. 

IV. PENALTIES FOR NOT REPORTING BY THE DEADLINES. 
a. Civil penalties. 
b. Criminal penalties.

Speaker’s Bio:
Over the past thirty years, Gene Kadish has represented numerous individuals and businesses covering a wide range of Business and Real Estate matters. His business clients include restaurateurs, real estate investor/developers, landlords, tenants, real estate brokers, property managers, and convenience store owners. He has helped organize and form dozens of business startups, including LLC’s, corporations and limited partnerships. Mindful of saving time and money for his clients, Mr. Kadish promotes resolving disputes through negotiated settlements instead of litigation.

In addition to serving his business clients, Mr. Kadish has extensive experience negotiating, documenting, and closing real estate transactions. This includes preparing purchase and sale agreements, leases, deeds, promissory notes, financing instruments, and other documents dealing with real estate matters, both simple and complex. Mr. Kadish is often called upon to counsel with fellow lawyers, escrow officers, and other real estate professionals concerning complicated real estate transactions.

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