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How the Corporate Transparency Act Affects Your Med Spa

How the Corporate Transparency Act Affects Your Med Spa

In 2024, most small business owners, including medical spas, will have a new annual federal reporting requirement with which to comply. One of the provisions of the Corporate Transparency Act, which was created to combat financial crimes, requires businesses to report information on their beneficial owners to the Financial Crimes Enforcement Network (FinCEN), which is part of the U.S. Department of the Treasury. This requirement for reporting beneficial ownership information (BOI) goes into effect on January 1, 2024. In this webinar, AmSpa CEO, Alex Thiersch, JD, and AmSpa General Counsel, Patrick O'Brien, JD, will tell medical spa owners what they need to know about the law and what they'll need to do to comply with it when it goes into effect.

Alex R Theirsch

JD, CEO and Founder

American Med Spa Association

Alex Thiersch, JD, is the Founder and CEO of the American Med Spa Association, and he is also a partner at the business, healthcare, and aesthetic law firm of ByrdAdatto. He has extensive experience representing industry professionals before state medical boards, and is one of the most sought after speakers in the country regarding matters of practice management and medical aesthetic law including conferences for the American Society of Plastic Surgeons, the American Society for Aesthetic Plastic Surgery, the Global Aesthetics Conference, Vegas Cosmetic Surgery, the American Academy of Anti-Aging Medicine, The Medical Spa Show, and others.

Patrick O’Brien, JD

Legal Coordinator

AmSpa

Patrick O’Brien, JD is the Legal Coordinator for the American Med Spa Association. Patrick’s practice focuses on state and federal health care laws and regulations, and legislative developments in health care primarily for the aesthetic industry. He provides educational and informational resources to AmSpa’s members to help them navigate their state’s regulatory landscape and assisting AmSpa in its legislative efforts.

Sam Pondrom

JD

ByrdAdatto

After graduating from Oklahoma State University, an intrinsic sense of curiosity and a keen eye for details led Sam Pondrom, JD, to work as an accountant for two Engineering News-Record top 40 construction firms. It was there that he honed his ability to analyze complex problems and craft clear, concise answers. Utilizing these skills, Pondrom works in partnership with clients addressing their complex business and healthcare regulatory issues in the most simple, straightforward way. He lectures to doctors and other providers throughout the country at medical conferences on a myriad of issues dealing with the business of medicine. Pondrom also regularly teaches and trains other attorneys in both accredited and non-accredited continuing education courses on healthcare law.

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How the Corporate Transparency Act Affects Your Med Spa
Select the "View On-Demand Recording" button to begin.  |  60 minutes
Select the "View On-Demand Recording" button to begin.  |  60 minutes