On December 26, 2024, the full U.S. Court of Appeals for the Fifth Circuit reinstated the stay on the government’s ability to enforce the Corporate Transparency Act (CTA), meaning that reporting companies are, for now, no...more
In light of a December 23, 2024, federal Court of Appeals decision, reporting companies, except as indicated below, are once again required to file beneficial ownership information with the Financial Crimes Enforcement...more
On December 9, the Financial Crimes Enforcement Network (FinCEN) released its official position on the preliminary injunction of the Corporate Transparency Act (CTA), issued on December 3, 2024, by the U.S. District Court of...more
On December 3, 2024, Judge Amos L. Mazzant of the U.S. District Court for the Eastern District of Texas Sherman Division issued a preliminary injunction on the Corporate Transparency Act (the CTA) in favor of the plaintiffs...more
The Federal Corporate Transparency Act (CTA), which took effect January 1, 2024, requires most homeowners, condominium, and other community associations to report information relating to the association and its directors and...more
2/28/2024
/ Anti-Corruption ,
Anti-Money Laundering ,
Business Associations ,
Condominium Associations ,
Corporate Transparency Act ,
Financial Crimes ,
FinCEN ,
Homeowners Association (HOA) ,
Owners Associations ,
Reporting Requirements ,
Tax Fraud