Are you part of the HOA? Then, you just require a CPA or a certified public accountant. It is important to hire a professional CPA because you will need help with running the audit of the financial bookkeeping. They may also need to prepare the filings and financial statements of the HOA. There are some of CPA firms which specialize in HOAs which ensures they can provide you with the right expertise needed by the board in this regard. We, at Canady & Canady, are the right HOA CPA firm you are looking for. We are an established and reliable company which has been in this field for 35 years. We can help community organizations, property managers, non-profits, and real estate developments with accounting, auditing, taxation, and financial reporting. We are known for our diligence, dedication, and efficiency. So, if you are based in areas like Miami, San Antonio, Austin, Dallas, or Houston, then you can opt for us.
Here, we have put together a few ways in which a HOA CPA firm can help you. Take a look.
Understanding of Taxes
You should hire a CPA firm to handle your taxes because they have better understanding of taxation. They can give you more in-depth advice and save you from any unfavorable circumstances.
You will notice that be it exempt and non-exempt knowledge or forms for filing the taxes, the CPA firm has more knowledge about these things. Without such knowledge, you might make a mistake and will end up ruining everything.
Hiring a CPA firm means you will not have to worry about the accounting, taxation, and auditing of your HOA. This can save your time to a great extent and you can focus on other aspects.
And if you are interested in hiring us, then contact us today without any hesitation.