20 Jan / Condominium Tax Issues – Part Two
We are often asked by those on the board of directors why does our association not file Form 1120 for its condominium tax return. My response is that we file Form 1120H for almost 98% of our association clients. Then I direct them to this you tube video. I cannot say it better myself.
Tax advice contained in this communication, including attachments and enclosures, is not intended or written to be used, and may not be used for the purpose of (i) avoiding tax related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax-related matters addressed herein.