Should Homeowners Associations Pay Attention to The Corporate Transparency Act? Yes!
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In a noteworthy development, homeowners associations are now obligated to comply with reporting regulations outlined in the Corporate Transparency Act. Individuals with significant control or substantial ownership in the company must submit their initial beneficial ownership information reports by January 1, 2025.
To read the correspondence between Paul Mengert and Senator Budd concerning the Corporate Transparency Act, please check out AMG CEO’s Emails To and From Senator Ted Budd About the Corporate Transparency Act.
