The Compliance Divas Podcast
Our podcast covers current topics such as infection prevention and control, OSHA and HIPAA compliance for dentistry. We discuss the latest regulatory information, answer frequently asked questions and give suggestions for dental practices to make compliance easy and sustainable.The Compliance Divas are a trusted source for consistent, accurate information based upon current guidelines, standards, science, and recommendations.
The Compliance Divas Podcast
#144 Dentistry and the Corporate Transparency Act
The Corporate Transparency Act, which took effect on Jan. 1, 2024 is meant to fight financial crimes, such as tax fraud and money laundering through shell corporations. The Act requires businesses and beneficial owners of these businesses to file a report with the Financial Crimes Enforcement Network (FinCEN) by the end of 2024. The Divas will discuss how to file the report and other helpful information about this new requirement.
- Financial Crimes Enforcement Network (FinCEN): https://www.fincen.gov/boi
- FinCEN Small Business Resources: https://www.fincen.gov/boi/small-business-resources
- H.R. 2513 Corporate Transparency Act: https://www.congress.gov/116/bills/hr2513/BILLS-116hr2513rfs.pdf
- US Dept. of Treasury Fact Sheet Actions to Prevent and Disrupt Corruption: https://home.treasury.gov/news/press-releases/jy1974