Articles taggués "board-of-directors"

16 June 2025

Co-ownership governance: avoiding abuses to protect the community

I would like to raise awareness about the importance of governance and ethics in co-ownerships.  Let us remember that boards of directors have a lot of power in a condominium, which is entirely appropriate, as they also have many responsibilities and obligations to fulfill.  This is why the powers of...

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Elise Beauchesne, CPA, CA, Adm.A
Associée-fondatrice
514-935-6999
[email protected]

12 May 2025

Directors’ fees : How are they treated for tax purposes ?

Although many condominiums have volunteer directors, many opt to offer a token sum of money to their directors to encourage competent people to run for the board.  This recognizes the time these people devote to the administration of their co-ownership and compensates them for using their personal assets to administer...

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Elise Beauchesne, CPA, CA, Adm.A
Associée-fondatrice
514-935-6999
[email protected]

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