Client Alert: Memo on CTA Update (VA)

/ Owner - December 4, 2024

This provides an update on the Corporate Transparency Act (“CTA”) and the obligation for community associations to report to FinCEN by January 1, 2025.  On December 3, 2024, a federal court in Texas issued an Order imposing a preliminary injunction temporarily stopping the enforcement of the CTA and staying the requirement that reporting companies submit their reports by January 1, 2025.   Read the article…………………………….

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