Corporate Transparency Act Déjà Vu All Over Again – CTA Reinstated Once More (IL)

/ Owner - February 20, 2025

Stop us if you’ve heard this before: the Corporate Transparency Act (“CTA”) and its mandatory reporting requirements are back in effect, this time with a new reporting deadline of March 21, 2025.  Recently, the U.S. District Court for the Eastern District of Texas reinstated the CTA’s reporting obligations, reversing a previous nationwide injunction that had temporarily paused these requirements. This decision means that all entities subject to the CTA, including most condominium and community associations and co-ops, are once again legally obligated to file beneficial ownership information    Read the article…………………………….

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