by Anne Borrell | Oct 13, 2025 | Legal, Legislation, Uncategorized
Based on recent California legislation, particularly from the 2024 and 2025 sessions, there are no entirely new HOA laws scheduled to take effect precisely on January 1, 2026. However, the most significant development with direct 2026 implications is the mandatory...
by Anne Borrell | Sep 19, 2024 | Board Education, Internal Revenue Service, Legal
Revenue Ruling 70-604 was adopted by the IRS in 1970, so that homeowners and condominium associations would have the option to move excess member income forward to the next fiscal year for tax purposes, or to refund excess member income. Although refunds are likely...
by Anne Borrell | Sep 5, 2024 | HOAMCO News, Legal
By SCOTT CARPENTER, Esq. Carpenter Law Firm | www.carpenter.law You may recall some previous correspondence from HOAMCO regarding the Corporate Transparency Act and the filing requirements that it creates for community associations. We do want to update you with...
