We understand that co-ops and condominiums (Common Interest Real Estate Associations – CIRAs) need more than just your typical accounting, audit and tax services.
Our team has worked with hundreds of condominiums and co-ops and gained valuable knowledge and insight into this unique industry. We provide the expertise to assist you in finding proactive solutions to the issues and challenges your co-op or condominium face.
Services Include:
Annual audits, reviews, and compilations
Preparation of Form1098 for co-ops for shareholder tax deductions
Tax planning and compliance
Budget preparation assistance and review
Forensic accounting
Financial planning for capital improvement expenditures/reserves
Recently, Jerry Eitel, CPA, Office Managing Partner of the Metaverse of Prager Metis, was quoted in PBS’ NJ Business Beat with Rhonda Schaffler’s “Into The Metaverse: How businesses can benefit”.
As the first CPA firm to establish office space in the Metaverse, other businesses and major financial institutions are also buying land in Decentraland. There is a prediction that the Metaverse will create a yearly market opportunity of $1 trillion.
On March 27, 2020, just a week ago at this writing, the Congress passed and the president signed into law the Coronavirus Aid, Relief, and Economic Security Act, or the “CARES Act.”
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