Homeowners’ associations are often organized as non-profits. By incorporating non-profit status into the bylaws of the community, the association is always registered as a non-profit. So, how does the IRS treat an HOA? Are homeowners’ associations corporations? Do HOAs have to file tax returns and pay taxes? These are very common questions and ones that, if not answered correctly, can lead to problems for your association. Read on for answers to these important questions! Read the article………………………..
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