Navigating HOA Taxation: Current Issues and Challenges with Form 1120-H
HOAs face tax challenges, particularly with Form 1120-H, which simplifies compliance but requires careful income classification and recordkeeping.
April 16, 2025
Non profit
The Importance of Recording In-Kind Contributions in Non-Profit Financial Reporting and Tax Preparation
In-kind contributions—goods, services, and volunteer time—are vital for non-profits. Accurate documentation ensures transparency, financial health, compliance, and donor trust.
March 13, 2025
Form 1099-MISC Paper Filing Deadline
Deadline for paper filing of Form 1099-MISC with the IRS.
January 17, 2025