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.
Client just this week suggested that switching auditors every couple of years is part of ‘best practices’ for any corporation, and I told them; “community association auditing is all Goldklang Group CPAs does. They have this down to a science and can do it reliably and in a most cost-affordable manner, so since most community associations are not in business to generate income, but instead take care of real property and its assets, why would you switch?”
Senior Property Manager