It comes as a surprise to some, but condominiums and other forms of community associations are entities that must file income tax returns. Even though community associations are “not-for-profit” ...

Was your community association lucky enough to come in under budget last year? On the surface, this might appear to be a bonus, but if not handled properly, it can quickly turn into an unexpected tax ...

The US Internal Revenue Service (IRS) recently released Notice 2022-36, in which the IRS announced that it is automatically waiving (and automatically abating, refunding, or crediting, as appropriate) ...