
KCHOA
- Feb 19
- 1 min
Annual Meeting Questions:
Q: Why are we voting on the IRS resolution this year? A: We have done this in past years, and it is typically voted by acclamation during the treasurers report. We have updated the language for this resolution with our auditors this year. Since we will not be in person for the Annual Meeting, we needed to have the vote on paper which we have never done before. One of the purposes of Revenue Ruling 70-604 is to allow a homeowners association such as KCOA to avoid taxation o
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