In this presentation, Eric Bregman and Chuck Earney with Earney & Co., alongside Steve Black with Law Firm Carolinas, discuss best practices for accounting, taxes, and more. As we approach the filing deadline, this must-see content will provide guidance as you prepare to file your HOA's taxes.
Topics covered include:
- Basics of understanding balance sheets
- Why HOAs pay income taxes
- Tax forms and basics
- Tax deductions
- What to do in an audit
- What an audit doesn't do
- Association loans