Corporate Transparency Act 2024 Hoa. Corporate transparency act reporting is a reality. The bipartisan corporate transparency act, enacted in 2021 to curb illicit finance, requires many companies doing business in the united states to report information about the.
What hoa and condo boards need to do before jan 1, 2025. The corporate transparency act is a federal law that aims to increase transparency in corporate structures by requiring certain entities, including some hoas, to report beneficial ownership.