Corporate Transparency Act Update: What You Need to Know

/ Owner - August 6, 2024

Here are the latest developments regarding the Corporate Transparency Act and how it might impact community associations.  As many of you are aware, the CTA mandates that business entities in the U.S. report the identities of their beneficial owners to the Financial Crimes Enforcement Network. For community associations, beneficial owners are the volunteers serving on the board of directors.    Read the article…………………………….

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