109OAG32

32 [109 Op. Att’y ACCOUNTANTS UNAUTHORIZED PRACTICE OF LAW – BENEFICIAL OWNERSHIP INFORMATION REPORTING – WHETHER ASSISTANCE BY A CERTIFIED PUBLIC ACCOUNTANT WITH THE BENEFICIAL OWNERSHIP INFORMATION REPORTING REQUIREMENT OF THE CORPORATE TRANSPARENCY ACT WOULD CONSTITUTE THE UNAUTHORIZED PRACTICE OF LAW May 8, 2024 Jan L. Williams, Ph.D., CPA Chair, State Board of Public Accountancy Christopher E. Dorsey Executive Director, State Board of Public Accountancy In 2021, Congress enacted the Corporate Transparency Act (the “Transparency Act” or the “Act”) to help law enforcement investigate money…