The 3 Methods of HOA Accounting and Financial Statements

We recommend that HOAs use the Accrual Basis of Accounting for financial statements. Learn the differences between accrual, modified accrual, and cash basis accounting, and how they affect your financials.

Basic Homeowner Association Income Taxes

Published in the ECHO Journal, January 2014 Before jumping into the discussion of homeowner association income taxes, it helps if you get a limited understanding of the tax history. Understanding […]