Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 3 of 3
Full-Text Articles in Business
Dentistry And The Law: Don’T Overlook Corporate Transparency Act Compliance, Daniel Schulte Jd
Dentistry And The Law: Don’T Overlook Corporate Transparency Act Compliance, Daniel Schulte Jd
The Journal of the Michigan Dental Association
Under the Corporate Transparency Act (CTA), entities existing as of January 1, 2024, must report beneficial ownership to FinCEN by December 31, 2024. Beneficial owners include those with 25% ownership or substantial control. Required information includes legal name, birthdate, address, and ID details. Non-compliance can result in severe civil and criminal penalties. Exceptions may apply for tax-exempt entities and large companies. Legal challenges to the CTA are ongoing, but compliance is advised.
Mda At Your Service: What Is The Beneficial Ownership Information Report?, Kristin Johnson Dds
Mda At Your Service: What Is The Beneficial Ownership Information Report?, Kristin Johnson Dds
The Journal of the Michigan Dental Association
MDA Staff, with input from Kristin Johnson, DDS, explains the Beneficial Ownership Information Report required by the Corporate Transparency Act. Dental practices with fewer than 20 full-time employees and <$5M in annual sales must file by Jan. 1, 2025. They also address MIOSHA regulations, dental assistant duties, and access to MDA resources like the Delegation of Duties Chart and educational videos on infant oral health.
Advocacy Spotlight: 2024 Regulatory Reminders, Neema Katibai Jd
Advocacy Spotlight: 2024 Regulatory Reminders, Neema Katibai Jd
The Journal of the Michigan Dental Association
The Advocacy Spotlight column delves into critical regulatory reminders for dentists in 2024, emphasizing compliance challenges and potential disruptions to practice. Key areas covered include licensing, amalgam separator renewal, electronic prescribing, and Beneficial Ownership Information reporting. The article stresses the importance of staying informed about evolving regulations to ensure seamless practice operations.