The federal Corporate Transparency Act (CTA) introduced new reporting requirements for a variety of entities, including homeowners’ associations (HOAs) and condominium associations. This law, designed to increase corporate transparency and curb illegal activities such as money laundering and fraud, mandates that certain types of organizations disclose information about their beneficial owners. For the boards of directors and managers of HOAs and condominium associations, it is essential to understand these new rules and prepare for the upcoming compliance deadlines to avoid penalties.   Read the article…………………………….