When do home owner s associations need to get a employer Identification Number?

Answer Associations are typically corporations -- non-profit is common -- and when they hire employees, not vendors, then they need an employer ID, usually for tax purposes. As well, there is a tax-payer ... Read More »

Top Q&A For: When do home owner s associations need to get a...

Do home owner associations need to inform you that you are not accepted?

Read your governing documents to verify that the association has the power to accept or reject ownership of the real estate covered by the association. As well, the association may not have power t... Read More »

Do budgets for Home Owner Associations in Washington State need to be approved by the association membership?

No. The membership can vote against a budget, and this action may require a super-majority of membership votes to be present at the budget ratification meeting in order for a budget to be defeated.... Read More »

When do I need a tax identification number?

A tax identification number comes in three forms: your Social Security number, an Employer Identification Number or an Individual Taxpayer Identification Number. Anyone who must file tax informatio... Read More »

What is an employer identification number?

The federal government uses an Employer Identification Number (EIN) to identify a business entity. The Internal Revenue Service assigns the nine-digit EIN to businesses. If your business has emplo... Read More »