Insulate Your HOA and Condo Accounting from Interruptions from Staff or Natural Disasters
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Insulate Your HOA and Condo Accounting from Interruptions from Staff or Natural Disasters

In the fast-paced world of Homeowners Associations (HOAs) and condominium operations, consistency and reliability in accounting are essential. Interruptions can arise from various factors, including staff illnesses, vacations, or unexpected natural disasters. Implementing strategic measures is crucial to protect your accounting processes and ensure smooth operations. The Danger of Limited Staffing One significant pitfall many…

Florida House Bill 1203: HOAs Must Provide Online Access to Community Information Coming to Your State?

Florida House Bill 1203: HOAs Must Provide Online Access to Community Information Coming to Your State?

Starting January 1, 2025, Florida’s Homeowners Associations (HOAs) will face new requirements regarding online access to community information, thanks to the recently signed House Bill 1203. This legislation aims to enhance transparency and accessibility for homeowners by mandating online portals where residents can access essential documents and information. Your community may not be in Florida,…

CAI Board of Trustees Approves Legal Action Against Corporate Transparency Act

CAI Board of Trustees Approves Legal Action Against Corporate Transparency Act

Community Financials, a Business Partner member of Community Associations Institute, is pleased to share the latest information with our network. In June 2024, the Community Associations Institute Board of Trustees voted to file a lawsuit seeking an exemption for community associations from the burdensome provisions of the Corporate Transparency Act. This action further underscores the…

Corporate Transparency Act Update: Ruled Unconstitutional by Federal Court

Corporate Transparency Act Update: Ruled Unconstitutional by Federal Court

There is a new development regarding the Corporate Transparency Act.  A Federal court ruled the Corporate Transparency Act is unconstitutional. See below from the Community Associations Institute (CAI): Resources:CAI Corporate Transparency Act ResourcesCall to Action = Contact your Senator TodayFederal Court RulingNational Small Business Association Announcement Forbes Article For the time being compliance with the CTA…