The U.S. Treasury Department’s Financial Crimes Enforcement Network issued a final rule permanently exempting U.S. companies and persons, including community association board members, from beneficial ownership reporting requirements under the Corporate Transparency Act.
The CAI advocacy summit allows homeowners, board members, managers, and business partners to meet with federal lawmakers to educate them on community association industry policy issues. Here’s why you should attend.
CAI filed an amicus brief this month supporting high court review of a case that seeks to repeal the Corporate Transparency Act. This is the latest move CAI has taken to protect community associations from a law it believes imposes burdensome and unnecessary requirements. Here’s what you need to know now.
One of the great rights and privileges in this country is the ability for citizens to personally petition for government action through congressional advocacy. A perfect example of this kind of valuable legislative advocacy takes place Nov. 6 in Washington, D.C., as community association advocates converge to meet with federal lawmakers during the CAI 2025 Congressional Advocacy Summit. CAI’s legislative advocacy efforts have been instrumental in protecting the common interest housing model on the state and national levels.
Reporting requirements under the Corporate Transparency Act have been reinstated for community associations, which now have until March 21 to file an initial, updated, or correct beneficial ownership information report with the Financial Crimes Enforcement Network.
