Tax Preparation

Goldklang Group is the CPA firm at the forefront of audit and tax issues facing Common Interest Realty Associations (CIRAs)

Our tax department strives to keep informed of any tax law changes that may affect condominiums, homeowner associations or cooperatives. We are dedicated to providing tax returns to our clients in a timely manner, and to filing tax extensions on time. We go above and beyond providing tax services to our clients. For example, our firm semi-annually checks the online corporate status and personal property filing status for our incorporated Maryland clients. We provide guidance in specialized areas that are unique to our clients, such as the treatment of declarant warranty settlements and proceeds for the condemnation of common area land.  Since we are solely focused on CIRAs, we have developed a unique expertise.

For the past 6 years, I have had the pleasure of working with Goldklang in preparing the Association’s annual audit and tax returns. The level of service provided is outstanding as they are always very responsive to our questions. The Auditor comes well prepared to answer any of the Board’s or homeowner’s questions and does so in layman’s terms. Their audits are thorough and are automatically timely submitted. Their guidance on how to correctly post income the Association was generating from the sale of parking spaces was very helpful. I have come to rely on Goldklang’s advice for any questionable issues affecting the Association’s financials outside the normal scope of things. They are a valued service provider to the Association.