Homeowner Association Services


Homeowners Association Accounting Services

Thomas Stephen & Company, LLP has been working with real estate, construction, and homeowner association industries since 1991. In fact, many of our clients developed the homeowner associations you may currently be managing.  Our services are used by over 400 associations including single family, master, condos – low and high rise, senior, PIDs, and private to public clubs.

Selected services included:

          – Preparation of compilations, reviews and audits
          – Preparation of turnover audits
          – Preparation of Association tax returns (1120-H and 1120)
          – Special Agreed upon procedure reports
          – State income tax exemptions
          – IRS representation

Understanding your needs and meeting or exceeding your expectations is our focus.  Our clients appreciate the benefits we provide with our homeowner association services which include:

          – We know the answers to your HOA questions
          – We minimize the amount of time your staff is needed
          – We make sure predetermined deadlines and budgets are met
          – We hold regular status meeting to keep you informed

Our approach to getting the job done includes a dedicated team focused on batch processing of tax returns and financial statements for multiple HOAs. We use templates, automation and portals to facilitate timely review and turnaround, as well as, master listing – giving tax status of all tax returns and financial statements on a weekly basis. Plus, consistent process pricing based on Association type and number of lots/units. You will experience seamless service delivery, the involvement of partners from start to finish, and no surprises during the process.

We are an accounting and consulting firm with a strong reputation, servicing Homeowner Associations because we know the association business.  We ensure your deadlines are met, we deliver excellent service at a fair price, and there will be no surprises. 

We would like the opportunity to meet with you soon and discuss your needs free-of-charge.  Please do not hesitate to contact me at 214-824-2640 or e-mail me at tstephen@tvscompany.com  to set a time to meet.  We believe that once you see for yourself, all that we offer, it will be easy to choose Thomas Stephen & Company for your associations. A choice that could prove to be one of the best you make this year.