Results for: "Corporate Transparency Act"

CAI Files Amicus Brief with the U. S. Supreme Court to Pause Corporate Transparency Act’s Reporting Requirements

Corporate Transparency Act Beneficial Ownership Reporting Requirements Reinstated by Federal Court and Deadline Extended by FinCEN

Corporate Transparency Act Update: FinCEN Not Issuing BOI Fines or Penalties

Corporate Transparency Act Suspended for Domestic Reporting Companies Including Community Associations

CAI Honored with ASAE Power of Associations Silver Award for Corporate Transparency Act Advocacy Work

The Corporate Transparency Act Is Back in the News: What Community Associations Need to Know

Community Associations Institute filed an amicus brief earlier this week in the United States Court of Appeals for the 11th Circuit challenging the constitutionality of the Corporate Transparency Act.

Corporate Transparency Act requirements became effective Jan. 1, forcing many community association officers and directors to register with the Department of Treasury’s Financial Crimes Enforcement Network. Tune in to learn who must register, whether certain associations are exempt from compliance, and the information that must be provided.

CAI has been selected for a Power of Associations Silver Award from the American Society of Association Executives for our advocacy and legal efforts surrounding the Corporate Transparency Act.

Community associations must take seriously new mandatory filing requirements under the Corporate Transparency Act, legal experts advise.Ronald Barba, an attorney with Bender, Anderson @ Barba in North Haven, Conn., urges community associations to be proactive and begin the process now to meet their obligations and prevent severe penalties. Barba presented during CAI@s recent webinar,@The Corporate Transparency Act: Everything To Know To Ensure Compliance@(now available on demand).

While many questions remain regarding the legitimacy of the Corporate Transparency Act, we do know this: If not revoked and if no changes are made, community association board members will be required to register with the federal government. This legal requirement could have a chilling effect on volunteerism. Come ready for an overview of the act, its requirements, and the consequences.

CAI is challenging the application of the Corporate Transparency Act beneficial ownership interest filing requirements on community associations.

CAI is challenging the application of the Corporate Transparency Act beneficial ownership interest filing requirements on community associations.

While many questions remain regarding the legitimacy of the Corporate Transparency Act, we do know this: If not revoked and if no changes are made, community association board members will be required to register with the federal government by Jan. 1. Come ready for an overview of the federal law, its requirements, the consequences, and what may happen next.

Community Associations Institute (CAI), the leading international authority on community association governance, education, and management, is calling on policymakers to exempt homeowners associations, condominiums, and housing cooperatives from the beneficial ownership interest reporting requirements outlined in the Corporate Transparency Act.@Enacted by Congress in 2021, the Corporate Transparency Act aims to enhance transparency in corporate ownership structures and combat financial crimes...

Last week, the U.S. District Court in Alexandria, Va., denied CAI’s request for a preliminary injunction in Community Associations Institute v. U.S. Department of Treasury. While the decision is disappointing, CAI’s efforts to protect community associations from the burdensome requirements mandated under the Corporate Transparency Act continue.

Understand how the Corporate Transparency Act impacts community associations and CAI's advocacy for clarity and compliance.

Community Associations Institute (CAI), the leading international authority on community association governance, education, and management, has filed an amicus brief addressing the constitutionality of the Corporate Transparency Act in the United States Court of Appeals for the 11th Circuit.The case,@National Small Business United d/b/a the National Small Business Association, et al.,@v.@Janet Yellen, Secretary of the Treasury, et al.,@centers on a challenge to the act@s constitutional validi...

Community Associations Institute (CAI), the leading international authority on community association governance, education, and management, is calling for urgent action on bipartisan legislation aimed at delaying the implementation of the Corporate Transparency Act.@The act poses significant challenges and potential harm to homeowners in community associations, who could face undue compliance burdens and financial strain. CAI emphasizes the need for exemptions and delays in filing requirement...

Since launching in 2018, CAI‘s Ungated blog has provided news, tips, and trends important to the community association housing model with members and nonmembers. Our mission has been to connect residents, board members, community managers, and business partners with CAI’s subject matter expertise. This year, we published 60 posts on topics such as the Corporate Transparency Act, holiday preparation guidelines, community projects, and four-day workweeks.