AICPA Releases Host of New BOI Resources
The AICPA continues to develop a host of resources related to BOI. See below for the newest resources:
- Free AICPA webcast on Wednesday, February 21 at 2 PM CST“BOI temperature check and what to tell clients." This free webinar will help practitioners evaluate their individual situations before providing BOI reporting services to clients. Various tax practitioners will offer their take on offering BOI services.
- Register by clicking here
- AICPA member insurance program (CNA) article, including sample engagement letter
- “Risk Management and the Corporate Transparency Act." Practitioners can learn how to mitigate the unique risks CPA firms may encounter when delivering CTA compliance/BOI reporting services.
- Click here for the article, which includes a sample engagement letter.
- CNA: Coverage Considerations: Services Related to the Corporate Transparency ActAccounting firms have raised questions regarding potential coverage for services delivered to clients related to the Corporate Transparency Act (“CTA”).
- This article from CNA is designed to provide some general guidance regarding how CNA’s accountants professional liability policies might respond to these questions.
- AICPA sample BOI engagement letter
- AICPA FAQs around providing BOI services
- FAQ that addresses some of the questions that CPAs may have about their roles in providing BOI services to clients.
The AICPA will continue to add and update resources on the AICPA BOI resource center.