The Chicago region’s second season, construction season, is well under way. This means it is also maintenance and repair season for associations. All of those projects that board members and management companies worked on so diligently this past winter are now ready to begin.
Most projects will proceed seamlessly from planning to implementation. Some projects seemed … Read More ›
Condominium and other forms of community associations are entities that must account for their taxable income. Even if no tax is owed, there is still a filing requirement.
Today’s column provides brief and general information regarding the alternatives and filing requirements related to the taxation of community associations. When I use the term “community … Read More ›