Month: July 2024

We are halfway through 2024, and confusion regarding the Corporate Transparency Act (CTA) still abounds. This new law requires corporations (including community associations) to file a report identifying all “beneficial owners,” defined as individuals who own or exercise “substantial control” over a corporation. There are five specific pieces of personal identifying information that must be […]

Part 3 of 3: California HOA Insurance Issues Insurance carriers throughout California are non-renewing homeowner association insurance policies. As a result, premiums and deductibles for available policies are increasing exponentially and the level of coverage offered is decreasing. In the final part of a three-part monthly series, we discuss how we got here and what […]