Author: seoGuru
What Are the Signs Your HOA Needs Professional Financial Support?
Did you know that 66% of completed homes are part of Homeowners Associations (HOAs)? These organizations manage various aspects of residential communities, including financial management. While some HOAs handle finances smoothly, others encounter difficulties that show the need for professional financial support. Here are telltale signs that your condo association bookkeeping in Miami requires financial…
Understanding Form 1120-H When Filing an HOA Tax Return
Understanding the various HOA tax return obligations is crucial for effective financial management as a homeowners association (HOA). While HOAs were initially required to file form 1120, the Tax Reform Act of 1976 introduced form 1120-H, simplifying the HOA tax process and providing significant tax benefits. Here’s what you need to know about Form 1120-H…