Tax Services for HOAs

Tax planning for homeowners' associations involves much more than submitting your annual tax filings on time. Every HOA needs to develop a tax planning strategy to minimize their tax burden. To be confident that your taxes are calculated properly and that you're taking advantage of all available tax breaks, you need the assistance of a qualified Illinois CPA firm like Fraze & Company, CPAs. We’re highly experienced in tax services for HOAs and will ensure that your association is always is compliance with current tax regulations.

At Fraze & Company, CPAs, we know the tax laws governing HOAs inside and out, and make it a point to stay updated on each change and revision. As experienced tax accountants, we carefully formulate tax plan for each client with the goal of funneling more money towards your bottom line. Of course, we also provide fast, efficient preparation of your tax returns and file them electronically.

Don’t wait until the next filing deadline approaches! Call us today at 815-434-0393 and get ahead of the game by developing next year’s tax strategies today. We offer a free initial consultation to all kinds of condominium and homeowners' associations.

Our tax planning and preparation services include:

  • Tax planning strategies
  • Preparation of federal, state and local tax returns for HOAs/CIRAs
  • Optimize between filing Form 1120 and 1120-H
  • IRS Revenue Ruling 70-604 consulting
  • IRS representation