The Corporate Transparency Act (CTA), enacted to combat financial crimes, requires certain entities to report beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN). While legal challenges and court decisions have created temporary delays, Oregon HOAs, as nonprofit corporations, are still technically required to comply with the CTA reporting requirements. Despite the current stay, it is critical for Oregon HOAs to prepare for compliance to avoid potential challenges down the line.    Read the article…………………………….