As the end of the year approaches, there has been no determination that community associations will be relieved of the requirement to comply with the Corporate Transparency Act (CTA). While we remain hopeful of a legislative...more
9/18/2024
/ Beneficial Owner ,
Community Associations ,
Compliance ,
Condominium Associations ,
Corporate Governance ,
Corporate Transparency Act ,
Deadlines ,
FinCEN ,
Homeowners Association (HOA) ,
Penalties ,
Reporting Requirements
On January 1, 2024, the Corporate Transparency Act (the “CTA”) became effective. The main goal of the CTA is to combat financial crimes by enhancing transparency in the ownership and control of corporations. ...more
1/24/2024
/ Beneficial Owner ,
Community Associations ,
Compliance ,
Condominium Associations ,
Corporate Governance ,
Corporate Transparency Act ,
Deadlines ,
Filing Deadlines ,
FinCEN ,
Homeowners Association (HOA) ,
Penalties ,
Reporting Requirements