Czarnowski & Beer LLP

Join us today to learn more about basic budgeting, identifying and reducing wasteful spending, prioritizing expenses, and other indicators of sound financial management that you can immediately apply property's books: https://bit.ly/3qjkEhd

Due to recent economic changes, cooperative and condominium board members should pay close attention to key areas of the financial statement to mitigate potential issues.

Read more:

Areas of the Financial Statement To Pay Special Attention To | Czarnowski & Beer LLP With the threat of a recession and increasing inflation looming over us, there could be an effect on future operations costs and decisions that board members will want to quickly identify. In this short guide, we will review areas of the financial statement boards should pay extra attention to.

When our clients need answers, Czarnowski & Beer is always prepared to provide them. Visit our website, www.czarbeer.com, to learn more.

Labor Day: Making Monday tolerable since 1894! 🇺🇸

Confused over some of the specifics of the Climate Mobilization Act? Get clarification here:

Source: Habitat Magazine

Clearing Up Confusion Over the Climate Mobilization Act Clearing up confusion over the Climate Mobilization Act and Local Law 97.

Our specialized knowledge allows us to provide your Board with the best recommendations and tactics to shield them from unit owner scrutiny.

Visit our website at www.czarbeer.com for more details on our accounting and auditing services for co-ops and condominiums.

We're hiring a Senior Auditor to join our team of energetic professionals and provide technical auditing leadership on client engagements.

Apply here: https://czarbeer.com/open-positions/

The Biden Administration recently announced forgiveness of billions in student loan debt, but some borrowers could be subject to state taxation. Read more: https://bit.ly/3AULRN6

Source: Accounting Today

Student debt forgiveness may be taxable in more than a dozen states The billions in student loan debt forgiveness announced by the Biden Administration will be exempt from federal taxation but could be taxable at the state level in more than a dozen states — a hiccup many states are expected to quickly handle.

"Our firm has been pushing virtual annual meetings, because they make life much more convenient for the professionals, especially property managers. And there are benefits to presenting the financial statement on a screen." - Avi Zanjirian, CPA

Read more about our firm's hybrid annual meeting best practices here:

Three Keys to a Successful Hybrid Annual Meeting Three keys to a successful hybrid annual meeting.

Board members: Your monthly management report and financial statements can have conflicting messages about whether you're in a surplus or deficit. This could cause the board to overstate or understate expenses resulting in increased taxes and much more.

Watch this short clip to better understand financial statements here🎬️:

Understanding Financial Statements: Surplus vs Deficit Board members have a fiduciary responsibility to the cooperative or condominium association they serve. Understanding different aspects of the financial stat...

We're ! We are looking for a motivated Senior Auditor to join our accounting firm.

Apply today 👉 https://czarbeer.com/open-positions/

Board members: Looking for ways to make your annual meetings more effective virtually?

Join us tomorrow to discuss hybrid annual meeting best practices with Zoom Group Product Manager, Adi Regev and Czarnowski & Beer Partner, Avi Zanjirian: bit.ly/3vMKGg3