Why not do it yourselves? I'd probably pay him for your taxes but load data into quickbooks and generate financials from

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Jan 7, 2021
11:06:57am

Pimpin4Paradise Intervention Needed

Why not do it yourselves? I'd probably pay him for your taxes but load data into quickbooks and generate financials from

there. Do they have to be audited annually by a CPA though?

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Pimpin4Paradise

Previous username: ChubbyChaser
Bio page: Pimpin4Paradise
Joined: May 2, 2008
Last login: Nov 12, 2022
Total posts: 56,121 (5,737 FO)

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Messages

Author

Time

Hey accountants- what’s a reasonable fee for handling the financial statements and taxes of a small HOA

cheezedawg medium

1/7/21 11:01am

The problem you have here

Archaea

1/7/21 11:04am

Thanks that’s what I’m asking. If it’s reasonable then it’s reasonable.

cheezedawg

1/7/21 11:29am

IMHO, it sounds reasonable to me.

Archaea

1/7/21 11:47am

Why not do it yourselves? I'd probably pay him for your taxes but load data into quickbooks and generate financials from

Pimpin4Paradise

1/7/21 11:06am

The expenses should be so limited, most of us could prepare the financials.

Archaea

1/7/21 11:08am

CA law requires they be done by a CPA

cheezedawg

1/7/21 11:24am

Well there's your problem, you're in California.

Archaea

1/7/21 11:25am

% of income is irrelevant. I still charge a fee when the client has a loss

dratax

1/7/21 11:07am

I think he's trying to question the volume of $ vs accounting fees.

Ragnar Danneskjold

1/7/21 11:15am

Does not seem like high fees for an HOA

JOPE

1/7/21 11:16am

Unreasonably high. Find new accountant

Babyboy

1/7/21 11:25am

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