The Critical Importance of Reserve Studies and Funds

The Critical Importance of Reserve Studies and Funds

The tragic collapse of the Champlain Towers South condominium in Surfside, FL, has left condo owners and HOA boards wondering how such a thing could happen. Following the incident, countless news stories pointed to underfunded reserves, squabbling owners and board members, delayed repairs, and escalating costs. They cited a 2018 structural engineering report that estimated [...]

Lessons We Continue to Learn in Tax Season 2021

The October 15 deadline for filing extended 2020 returns is just around the corner. Whew! Reflecting back over the past five months since the delayed May 17th Tax Day, 2021 tax season has continued to be the most unusual one yet.  Here’s an updated list of some of the things our clients and team experienced [...]

Advance Child Tax Credit Payments – Should You Opt Out?

For most U.S. parents, July brought a letter from the White House and some extra padding in the bank account—up to $300 per child. The advance Child Tax Credit payments are meant to help offset some of the costs of supporting a child, providing monthly installments through December instead of a tax season benefit in [...]

  
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