HOA and Condo Tax Services

Comprehensive Tax Services for Homeowners Associations, Condominiums, Cooperatives, and Property Owners

Why Choose Royale Management Services?

Industry Expertise: With years of experience in property management and a deep understanding of the unique tax challenges faced by homeowners associations, condominiums, cooperatives, and property owners, we provide unparalleled expertise and insights.

Personalized Service: We believe in a personalized approach to tax services. Our team works closely with you to understand your specific needs and develop tailored solutions that align with your goals.

Comprehensive Solutions: From routine tax preparation to complex tax planning and compliance, we offer a full spectrum of tax services under one roof, ensuring that all your needs are met seamlessly.

Proven Track Record: Our success is reflected in the long-standing relationships we have built with our clients. We are committed to delivering exceptional service and achieving the best possible outcomes for our clients.

Peace of Mind: Let us handle the complexities of tax management so you can focus on what matters most – managing and growing your property. With Royale Management Services, you can rest assured that your tax obligations are in expert hands.

Our Comprehensive Tax Services Include:

1. Tax Preparation and Filing

  • Annual Tax Returns: Accurate preparation and timely filing of federal, state, and local tax returns.
  • Estimated Tax Payments: Calculation and scheduling of estimated tax payments to avoid penalties.
  • Tax Extensions: Assistance with filing for tax extensions if additional time is needed.

2. Tax Planning and Strategy

  • Customized Tax Plans: Development of tailored tax strategies to minimize liabilities and maximize savings.
  • Year-Round Planning: Ongoing tax planning to adjust strategies based on regulatory changes and financial performance.
  • Capital Improvement Planning: Guidance on tax-efficient ways to plan and fund capital improvements.

3. Compliance and Reporting

  • Regulatory Compliance: Ensuring compliance with all applicable tax laws and regulations.
  • IRS and State Audit Representation: Professional representation during IRS or state audits, ensuring your interests are protected.
  • 990 Form Preparation: Specialized preparation of Form 990 for non-profit homeowners associations.

4. Financial Reporting and Analysis

  • Monthly/Quarterly Financial Reports: Detailed financial reporting to keep you informed of your tax situation.
  • Budget Analysis: Comprehensive analysis of budgets to ensure proper allocation of funds and tax efficiency.
  • Reserve Study Reviews: Evaluating reserve studies to ensure tax compliance and financial health.

5. Sales and Use Tax

  • Sales Tax Compliance: Ensuring correct application and reporting of sales tax on taxable transactions.
  • Use Tax Compliance: Assistance with use tax obligations to avoid unexpected liabilities.

6. Property Tax Services

  • Property Tax Appeals: Expert assistance in appealing property tax assessments to reduce tax burdens.
  • Assessment Reviews: Thorough review of property assessments to ensure accuracy and fairness.
  • Exemption Applications: Identifying and applying for eligible property tax exemptions.

7. Payroll and Employment Taxes

  • Payroll Tax Compliance: Managing payroll tax obligations for staff and contractors.
  • Employment Tax Reporting: Accurate reporting and remittance of employment taxes.
  • Workers’ Compensation and Unemployment Taxes: Ensuring compliance with all employment-related tax obligations.

8. Special Tax Situations

  • Tax Issues Resolution: Addressing and resolving any tax issues or disputes with tax authorities.
  • Mergers and Acquisitions: Tax planning and compliance support during mergers, acquisitions, or reorganizations.
  • Real Estate Transactions: Expert advice on the tax implications of buying, selling, or developing properties.

9. Advisory and Consultation Services

  • Expert Tax Advice: Access to our team of seasoned tax professionals for any tax-related queries.
  • Strategic Financial Planning: Long-term financial planning to align tax strategies with your overall financial goals.
  • Training and Education: Educational sessions to keep your board members and management team informed about tax responsibilities and strategies.

Why Choose Us?

Experience and Expertise

Royale Management Services, Inc. has experience with years in community management. We can provide expertise in almost every aspect of your community's needs. Our dedicated professionals will go the extra mile to help support you.

Tailored Solutions

We acknowledge that every community is unique in its way. Therefore, our solutions are tailor-made to match your needs and meet your goals. Our personalized approach guarantees that your community receives the attention and care it deserves.

Commitment to Excellence

We hold ourselves to the highest standards of excellence. From management practices to customer service, we continue to strive above and beyond to surpass your best level of satisfaction.

Transparency and Accountability

We believe in being transparent and accountable. Our detailed reporting and open communication make sure that you are informed and assured of the management of your community.

Comprehensive Services

We provide a full range of services from management and accounting to project management and energy services to meet your community's needs. You have a trusted partner in Royale Management Services, Inc. in community management.