Empowering CPAs to Navigate New Compliance Requirements
The Corporate Transparency Act (CTA) is reshaping compliance requirements across the U.S., and FincenFetch has partnered with the New York Society of CPAs (NYCPA) to provide its members with essential education and tools to navigate Beneficial Ownership Information (BOI) reporting requirements. This partnership is aimed at equipping CPAs with the expertise needed to guide their clients through the regulatory BOI reporting and ensure seamless compliance before the deadline.
Supporting CPA Members Through Collaborative Education
NYCPA Chief Financial Officer Patrick Payano expressed his enthusiasm for the partnership, stating, “We’re excited to collaborate with FincenFetch to give our members the tools they need to navigate the new BOI reporting requirements and ensure compliance for their clients.” With the deadline quickly approaching, CPAs are at the forefront of compliance support, assisting clients in managing this new reporting obligation with precision and efficiency.
FincenFetch’s Nationwide Initiative to Prepare CPAs for BOI Compliance
Alongside NYCPA, FincenFetch has teamed up with 38 other CPA societies and Bar Associations across the nation, highlighting its dedication to assisting CPAs and attorneys in ensuring compliance for their clients. This effort includes Continuing Professional Education (CPE) courses and a series of free webinars specifically addressing CTA’s requirements, helping professionals prepare for the substantial influx of BOI filings anticipated in the coming months.
Streamlined Solutions for an Urgent Need
With millions of businesses expected to file BOI reports by January 1, FincenFetch CEO Charles Wismer emphasized the platform’s mission to ease the compliance burden on CPA firms. “Our mission is to help CPA firms and their clients meet regulatory demands without added burden, offering a solution that allows professionals to quickly prepare and file reports with confidence and accuracy,” Wismer stated.
To meet this demand, FincenFetch offers AI-enhanced, SOC2-certified filing tools that simplify the BOI reporting process, ensuring accuracy and security while providing CPAs with custom-branded portals for a seamless client experience. This technology is increasingly vital as business owners turn to their CPAs for support with beneficial ownership reporting.
Upcoming Webinars and Resources for NYCPA Members
In support of this partnership, NYCPA will host a webinar on Wednesday, November 13, offering members a deep dive into CTA compliance and a demonstration of FincenFetch’s capabilities. This session is part of a broader initiative to equip CPAs with practical tools and resources, including free e-books and webinars, that address the complexities of BOI reporting under the CTA.
A Commitment to Compliance and Excellence
“Our members are uniquely positioned to support businesses in meeting BOI reporting requirements,” said Payano. “We are pleased to partner with FincenFetch to equip our members with the expertise and resources needed to successfully guide their clients through these regulatory changes.”
FincenFetch continually adapts its offerings to align with regulatory updates, providing an intuitive, reliable solution that ensures CPAs and their clients remain compliant. This partnership embodies a shared commitment to maintaining high service standards for businesses navigating CTA compliance.
About FincenFetch
FincenFetch is a leading Corporate Transparency Act filing platform for CPAs and attorneys, delivering secure, SOC2-certified filing solutions trusted by hundreds of firms, including several of the top 100. With integration-ready features, FincenFetch empowers CPAs to provide secure, automated, and streamlined BOI reporting solutions.
About the New York Society of CPAs
Founded in 1897, the New York Society of CPAs supports its members with resources, networking opportunities, and advocacy, advancing the CPA profession. For more details, visit NYSSCPA.org.
Join the Movement Towards Simplified Compliance
For CPA firms looking to navigate the CTA with confidence, FincenFetch offers an array of educational resources, including demos, webinars, and free BOI reporting guides. Contact FincenFetch today to schedule a demo or to learn more about how they can support your firm’s BOI reporting journey.
