March 2022 - PayHOA

Tax Tips for HOA Community Management

By Natalie J | March 15, 2022 |

HOA community management can benefit from preparing for tax season year-round.

Tax season happens every year, yet as the due date approaches, it can completely catch your HOA board by surprise if they haven’t been anticipating it all year. Taxes are one of the most important aspects of HOA management. Some HOAs think since they aren’t operating for profit, they’re exempt from filing tax returns. This…

Consultants Every Self-Managed HOA Needs

By Jesse Hitt | March 15, 2022 |

A self-managed HOA has many important responsibilities to contend with. Between managing finances, keeping up with community needs, and communicating with homeowners, a self-managed association will have their hands full. Yet self-management can be a rewarding and enriching experience with the right tools, such as HOA accounting software—and the right approach. It will also potentially…