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Corporate Transparency Act 2022: Reporting Required for HOAs (GA)

/ Owner - December 20, 2023

The Corporate Transparency Act (the “CTA”) that was enacted by Congress in 2021 will go into effect at the start of 2024. While the Corporate Transparency Act was implemented to combat the use of shell corporations, LLC’s, partnerships, and other entities to facilitate terrorist funding, corruption, tax fraud, and other illicit activities, it will also likely apply to HOA and condominium associations.   Read the article……………………………….

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