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Corporate Transparency Act Filings Reinstated by Supreme Court

Corporate Transparency Act Filings Reinstated by Supreme Court

By Priestley Management Company Thursday, January 23, 2025

January 23, 2025

In a significant legal development, the Supreme Court has reinstated the Financial Crimes Enforcement Network (FinCEN) filing requirements under the Corporate Transparency Act (CTA) by approving the Department of Justice’s (DOJ) request for a stay during ongoing appeals.

It’s crucial to note that the previous extension for BOI report filings lasted only 13 days. Any forthcoming extensions could be similarly brief, leaving Associations with limited time to act. FinCEN is expected to provide updated BOI report deadlines potentially as soon as tomorrow.  

With the reinstatement of FinCEN’s filing requirements, Associations must act swiftly to remain compliant in the event they have not filed already. 

To read the case, visit Supreme Court opinions.


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Priestley Management Company
Priestley Management Company (PMC) is a full-service community association management firm specializing in Townhome, HOA, and condo management. Our mission is to provide superior customer service while preserving, protecting and enhancing the value of our customer’s asset. Priestley Management Company is an Accredited Association Management Company (AAMC), managing over 250 communities in the Greensboro, Winston-Salem, High Point, Burlington and Boone areas as well as in coastal North Carolina...
Priestley Management Company (PMC) is a full-service community association management firm specializing in Townhome, HOA, and condo management. Our mission is to provide superior customer service while preserving, protecting and enhancing the value of our customer’s asset. Priestley Management Company is an Accredited Association Management Company (AAMC), managing over 250 communities in the Greensboro, Winston-Salem, High Point, Burlington and Boone areas as well as in coastal North Carolina. Priestley Management Company’s size and stability enable us to provide our clients with the resources and purchasing power of a big company. At the same time, our association management staff’s attention to detail delivers the personal attention of a small company to each of our communities. Since its formation in 1990, Priestley Management has been a leading influence in the community management industry.
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