With more than 2,000 Association clients (housing over 170,000+ units), we are clearly the industry’s leading CPA firm. We are licensed and registered in Minnesota, Wisconsin, Florida, California, Nevada, Colorado, Illinois and Michigan, with physical offices in Minnesota, Wisconsin and Florida.
We are the largest firm that work exclusively with condominium and homeowner associations to manage accounting and taxation. Compliance is critical to the viability of condominium and homeowner associations, and the financial reporting procedures are rigorous. Michael P. Mullen, CPA, PLLC executives know and understand the State of Minnesota Common Interest Ownership Act and the many intricacies of working within these guidelines. In addition, we recognize when a condominium association is liable for reports in excess of the statutes – a situation of which the condominium associations themselves are frequently unaware.
This is where the value of a CPA firm with experience in this area comes into play. We have the expertise to point out these discrepancies and make sure that the condominium association is in compliance on all levels.
We also assist condominium and homeowner associations with taxation issues and tax planning, accounting services and monthly bookkeeping, as well as annual budget preparation and calculations of reserves and deferred maintenance as required by Minnesota Statutes.
Michael P. Mullen, CPA, PLLC has extensive experience in working with homeowner associations. We have the expertise to address all financial issues that face condominium and homeowner associations anywhere in the state of Minnesota. Some of the specific areas of expertise include:
- Condominium and Homeowner Association Audit, Review & Compiled Financial Statement Preparation
- Condominium and Homeowner Association Budgetary, Replacement Reserve and Reporting Assistance
- Tax Advisory and Preparation Services for Condominium and Homeowner Association