IMPORTANT!!! CTA Update

[vale at tragesser.net]

Thank you, Rachel, for letting us know.  This is good news indeed.

Vale Hartley

> On Mar 3, 2025, at 10:23 AM, Rachel Long <rachel at accessrealestateservices.com> wrote:
> 
> THIS JUST CAME IN!   GOOD NEWS!!
>  
> Please see below.
>  
> Best regards,
>  
>  
> --
> Rachel A. Long
> Owner/Designated Broker
> Access Real Estate Services
> 809 W. Orchard Drive, Suite 8
> Bellingham, WA  98225
> Office (360) 685-0123  
> www.accessres.com <x-msg://43/www.accessres.com>
>  
> From: Samantha Harris <samantha at sagelawwa.com <mailto:samantha at sagelawwa.com>>
> Sent: Monday, March 3, 2025 9:49 AM
> To: Samantha Harris <samantha at sagelawwa.com <mailto:samantha at sagelawwa.com>>
> Subject: CTA Update
>  
> Good morning, 
>  
> The Treasury Department announced yesterday that it will not enforce the Corporate Transparency Act (CTA) against US citizens or domestic reporting companies (including Washington Corporations), and that it will propose a future rule that limits CTA enforcement to foreign corporations only.
>  
> It is not certain whether this will be a permanent end to the back and forth, but it appears that the Treasury Department will continue to work toward restricting CTA enforcement against entities like community associations, and, at least for the foreseeable future, our firm’s clients are not obligated to file Beneficial Ownership Interest (BOI) reports.
>  
> Here is a link to the official announcement: https://home.treasury.gov/news/press-releases/sb0038.
>  
> Sincerely,
> Samantha Harris
> <image001.png>
> Paralegal
> Samantha at SageLawWA.com <mailto:Samantha at SageLawWA.com>
> Main: 206-278-4188
>  
> This message may be protected by the attorney-client privilege and the work-product doctrine; if you are not the intended recipient of this message please let the sender know you received it in error and delete this message.  Thank you. 

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