Helping HOAs & Condo Assocations File Tax Returns
Condo association board members have more responsibility than you might think. Many boards rely on audits to assess internal controls and provide an overall financial assessment of the …
Continue Reading about Condo Association Audit: The Definitive Guide [Illustration] →
We continually have HOA boards and management companies inquire about Revenue Ruling 70-604 ("70-604"). In this post we will provide a comprehensive examination of the ruling and look at it's …
Continue Reading about Revenue Ruling 70-604: The Definitive Guide to Its Application →
Almost all members of a homeowner or condo association ask this question, even the board elected to manage the HOAs or COAs. This is because HOA and COA taxations have different forms to be filed, …
Continue Reading about Arkansas HOA and Condo Associations Tax Return Filings: Tips for Success →
Living in a residential development that is planned according to community standards and provide social amenities like parks, clubhouses for everyone residing within the community means you are part …
Continue Reading about South Carolina HOA & Condominium Association Tax Returns: Simple Tips →
Most Kentucky homeowner associations and condo associations are classified as non-profit corporations pursuant to the Non-profit Corporations Act. Non-profit corporations are considered as …
Continue Reading about Kentucky HOA & Condo Tax Return: Step by Step Guide →
Understanding tax laws relating to Pennsylvania HOAs and condo associations may sound complex. But if you understand some of the basic rules you can stay out of trouble. IRC §528 governs whether or …
Continue Reading about Pennsylvania HOA & Condo Association Tax Return: The Critical Steps →
