Webinar: Corporate Transparency Act

Disclaimer:
The information contained on and within this website DOES NOT constitute legal advice, general or specific, for you or your association.

The information provided in this webinar may be subject to change due to post taping legislation and/or caselaw. Please check with your Becker attorney to confirm the continued accuracy of the information contained herein.

For more updated information, click here.

The Corporate Transparency Act (the “CTA”) is a federal law designed to address money laundering and corruption and requires reporting of business ownership information to the U.S. Department of the Treasury Financial Crimes Enforcement Network. While there have been lobbying efforts to remove community associations from the application of the CTA, the ultimate results of those efforts remain unknown while the deadline to file of January 1, 2025 draws ever closer risking significant penalties for non-compliance. What does it mean to comply with the CTA when you are a community association? Attend this webinar and learn the essential elements of the CTA and what it is you need to know to ensure that you do not accidentally violate federal law.