Gordon McNamee, CPA
Insight
Can HOA Fees Be Deducted From Federal Taxes?
by
Gordon McNamee, CPA
on
Feb 28, 2023
Many homeowners wonder if their HOA fees can be deducted from their federal taxes. Get the answers you need about IRS rules here.
Insight
Pros and Cons of Staying vs. Selling For Retired Homeowners
by
Gordon McNamee, CPA
on
Jan 12, 2023
A guide to the pros and cons of staying vs. selling for retired homeowners with paid-off mortgages. Full details inside.
Insight
HOA Foreclosed On Woman's Home, Sold It Without Her Knowledge
by
Gordon McNamee, CPA
on
Dec 23, 2022
A homeowners’ association in North Carolina reportedly foreclosed on a neighborhood resident’s home without informing her.
Insight
Woman Sentenced to Prison After Stealing Funds From Homeowners' Associations
by
Gordon McNamee, CPA
on
Nov 15, 2022
Debra Campbell, 66, of Grand Junction, Colorado, has been sentenced to 37 months in federal prison after engaging in a scheme to steal funds from homeowners’ associations.
Insight
Residents File Class-Action Lawsuit Against Building HOA, Management
by
Gordon McNamee, CPA
on
Oct 25, 2022
In an ongoing South Carolina case, residents of a condominium building have filed a class-action lawsuit against both building management and their homeowners’ association.
Insight
What Higher Education Officials Should Know: Key Tax Risks For Universities
by
Gordon McNamee, CPA
on
Sep 23, 2022
In recent years, university tax compliance has become an increasingly challenging thing to navigate, particularly for those higher education officials who don’t have a background in accounting or the federal tax code.
Insight
A Complete Guide to Homeowners' Associations and Taxes
by
Gordon McNamee, CPA
on
Aug 22, 2022
Homeowners’ associations (HOAs) are incredibly common throughout the United States. These organizations typically have bylaws by which residents of specific neighborhoods are required to abide.
Insight
4 Must-Read Tips For Reducing Retirement Taxes & Improving Your Lifestyle
by
Gordon McNamee, CPA
on
Jul 22, 2022
Whether you’re a current retiree or you’re approaching retirement age, retirement taxes are probably on your mind. Taxes can be complex at any stage of life, but retirement planning often doesn’t include tax preparation, which can make seniors feel overwhelmed when they file their returns with the IRS and the state.
Insight
Former CEO Ruled Competent to Stand Trial In Largest U.S. Tax Evasion Case
by
Gordon McNamee, CPA
on
Jun 15, 2022
Despite arguments of incompetence from his defense attorneys, former Reynolds & Reynolds CEO Bob Brockman has been ordered to stand trial in a historic tax evasion case, the largest in U.S. history, according to a Bloomberg report. Brockman has been accused of evading taxes on $2.1 billion of income.
