On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against enforcing the Corporate Transparency Act (CTA). The injunction temporarily halted community association board members across the U.S. from filing the required beneficial ownership information (BOI) reporting. On December 6, 2024, the government filed a notice of appeal seeking to challenge the injunction. On December 23, 2024, the Fifth Circuit Court of Appeals issued a stay on the injunction previously granted by the U.S. District Court for the Eastern District of Texas. Read the article…………………………….
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