Significant developments have emerged from the United States Court of Appeals for the Fifth Circuit concerning the enforceability of the Corporate Transparency Act (CTA). Initially, the District Court enjoined enforcement of the CTA, prompting the Government to appeal and seek a stay of that decision. The Fifth Circuit initially granted the Government’s motion, temporarily reinstating the CTA and mandating that Homeowners’ Associations (HOAs) and other entities file their Beneficial Ownership Information (BOI) reports by January 13, 2025, under threat of fines and other enforcement actions.  However, the Fifth Circuit’s merits panel has now vacated the prior stay order.     Read the article…………………………….