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Community Associations

For more than a decade, Crow Shields Bailey PC has served as a trusted financial advisor to condominium, homeowner and property associations across the Alabama Gulf Coast and Florida Panhandle. Our team of skilled professionals have expertise in this specialized industry and understand the complexities of the unique tax and accounting environments of common interest realty associations. Our CSB team is committed to providing exceptional accounting services for your association, large or small, and assisting with every facet of its accounting requirements.

Our monthly association accounting services include not only customary tasks such as processing mail, cash receipts and disbursements, owner charges and statements and financial reporting, but also communicating with board members, property managers and owners. Additional services we offer are:

  • Special assessments and capital reserve fund management
  • Banking relationship management
  • Budget preparation assistance
  • Board member consultations and annual meeting attendence
  • Electronic payments
  • Annual 1099 reporting
  • Sales tax reporting
  • Personal property reporting
  • Payroll services and payroll tax reporting
  • Federal and state income tax preparation
  • Audit, review or compilation of annual financial statements

For our Florida association clients, our team can ensure your condominium, property or homeowner association follows the requirements for financial reporting under the Florida Condominium Act (Florida Statute 718 and Administrative Code Rule 61-B).

We are members of the American Institute of Public Accounts (AICPA), Alabama Society of Certified Public Accountants (ASCPA) and Florida Institute of Certified Public Accountants (FICPA).

To learn more about how we can provide support for your association’s accounting services, contact one of Crow Shields Bailey’s experts today.