Tag Archives: owe

MD: Ocean Pines mulls cost of appealing tax case

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

After consulting with two attorneys, the Ocean Pines Association board of directors is expected to decide soon whether to appeal a U.S. Tax Court ruling. Without a successful appeal, the association would owe the Internal Revenue Service a substantial amount of money in back taxes and interest.
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