52 views 33 sec 0 Comment

HOAs Are Reporting Companies Under The CTA

/ Owner - May 30, 2024

On 4/18/24, FinCEN updated its Beneficial Ownership Reporting FAQs and included for the first time information regarding HOAs (Home Owners Associations). FinCEN confirms in this update that HOAs are reporting companies under the Corporate Transparency Act (CTA) and are subject to BOI (Beneficial Ownership Information) reporting requirements if they are entities created by filing of a document with a secretary of state or similar office.     Read the article…………………………….

Comments are closed.