Homeowners Association Accounting

We can offer a service package tailored to meet the needs of the Homeowners Association. Our primary clientele in this area is the self managed association or the small management company. We have a licensed Community Association Manager on staff for consultation.

Our Homeowners Association services include:

  • Financial Statement Preparation quarterly, semi annually, or annually
  • Processing payroll disbursements
  • Payroll tax preparation
  • Assist in budget preparation
  • Process the collection of owner maintenance fees and special assessments.
  • Maintain accurate list of owner receivables and mail related late fee notices.
  • Pay all approved association bills in a timely manner in order to take advantage of any discounts.
  • Prepare Sales Tax forms if necessary.
  • Meet with association directors as often as necessary to conduct financial business.
  • Preparation of annual Income Tax return Forms 1120 or 1120H.