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Showing content with the highest reputation on 08/11/2024 in Posts
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Well, the HOA may be exempt if they are recognized as a 501-C4 entity. We are registered as a non-profit organization. I was not involved in this when this got started in 2018. I know I will reach out to the CPA who has handled this since day one.1 point
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I'm definitely following this one. I am the treasurer of our HOA and we do have a CPA firm who files the taxes and provides yearly audits and we do use a management company. I never gave any thought to the BOI requirement and I an almost positive the manager of our HOA is clueless about this.1 point