The annual tax return is a confusing topic for many HOAs and condominium associations. State and federal statutes require all associations to file tax returns every year. But that doesn’t mean that all do and that creates a risky situation for any association that doesn’t file. Let’s take a look at the rules, risks, and possible penalties for filing or not filing a timely and accurate tax return for your HOA or condominium association.    Read the article………………………………….