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Updated almost 6 years ago,

User Stats

39
Posts
10
Votes
Marc V Palmeri
  • Rental Property Investor
  • Boston, MA
10
Votes |
39
Posts

Question for any CPA's regarding HOA taxes

Marc V Palmeri
  • Rental Property Investor
  • Boston, MA
Posted

Hi,

I recently discovered that my one HOA has been using the same CPA to file Form 1120-H for the Association's taxes every year at a flat fee of $300. I filed the form myself for 2018 and the entire process took maybe 10 minutes. I feel like $300 is an extremely high fee for such a simple filing (by comparison, my personal CPA is located in Boston and charges $200/hour), so my question is...does this seem normal or is something going on that I should be concerned about? I was hoping to get a CPA's opinion.

Thanks! 

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