CIRA ACCOUNTING & AUDITS

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Common Interest Realty Associations, also known as CIRAs, are complex legal and financial entities. Condo financial management can be a challenging endeavor, and more CIRA administrators are choosing professional CIRA accounting services than ever before.

When choosing a firm to perform a CIRA audit, only select the top specialists available. The certified public accountants (CPAs) at Miller & Company, LLP have the expertise you need for your CIRA accounting services. Experience the difference a proactive CIRA accounting professional can make for your organization.

CIRA BASICS

A common interest realty association governs the interests of communities with a common purpose. CIRAs may oversee operations of residents in communities, such as:

Homeowner associations
Planned unit developments
Timeshares
Co-ops
Condominiums

The association follows a set of rules that often are given over to a subcontracted property management company to fulfill. Members of the community fund the association through assessments on their dwellings.

A vast number of Americans participate in CIRAs. It’s estimated that about 12 percent of American households live in a community that’s part of a CIRA. The major characteristics of CIRA housing include:

Ownership with the CIRA is divided into shares of stock, individual lot ownership or defined living spaces.
Ownership of the common property is shared, and all owners are bound to covenants and restrictions through the association’s contract.
Membership is automatic if the organization was legally established, adequately maintains the property and offers other services to its community.
Owners fund their association through periodic assessments.

Working Hours:
Monday – Friday: 9:00 am – 7:00 pm;
Saturday: 9:00 am – 4:00 pm,
Sunday: Closed
Payment: cash, check, credit cards.

Miller & Company CPAs: Tax Accountants
Sarasota, Florida
2831 Ringling Boulevard, #204B
Sarasota, FL 34237
(941) 366-5646
https://www.cpafirmnyc.com/accounting-firm-sarasota-fl

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