It's the most wonderful time of the year! We've got two weeks left of this year, which is both exciting and stressful for those of us in this industry. Year-end financials are looming, holiday parties are going on every other day--it's madness! This week's CAM Mashup has a few helpful articles for all of that, plus some advice on hiring the right people, a breakdown of the recent FCC decision to repeal Net Neutrality, and a fantastic CAMfire giveaway. Read all about it in this week's CAM Mashup!
As an educated member of the Community Association Management industry, you already know how crucial it is to stay informed and up-to-date on the latest news, trends and happenings within the industry. Each week, we bring together our favorite reads of the week and share them with you! Enjoy the CAM Mash Up and please share it too!
To File or Not?
What happens if you don't file your tax forms this year? "Filing 1099-MISC forms is vital for any business, and attention to detail is key, as penalties for failure to file or filing inaccurate information have increased in recent years. There are also penalties in place for businesses who do not file W-2s and 1099s on time or who do not furnish correct payee statements." Learn what you MUST do here!
Don't Be a Scrooge!
"No matter what holidays their residents celebrate, many HOAs use the end of the year holidaypalooza as an opportunity to hold an event to foster a stronger sense of community." See what HOALeader.com has to say about the benefits of embracing the holiday spirit!
The Importance of Financial Management
"Many HOA boards like to stick with tradition due to the round robin of volunteers and elected members every year. This means that it can take a huge mistake to shake up the routine, and many hope that it doesn’t hit where it really hurts: Financial management.
Here’s how to tell if your homeowners association needs to improve their financial situation before it’s too late."
Hiring the Right People
"A recent survey from CareerBuilder suggests that it can cost employers thousands of dollars to make up for an employee who isn’t a good fit. Observers suggest that the problem might be with the person doing the hiring as much as the employee.
We all want to make sure we hire the right person, but sometimes that doesn’t happen...And when an organization gets that wrong, it can get costly—very costly."
The End of Net Neutrality
The FCC voted on Dec. 14th to undo standing Net Neutrality regulations. Net Neutrality is what guarantees all data on the internet is treated equally, regardless of where it comes from, who created it, or who is accessing it. Without Net Neutrality, ISPs are gifted unrestricted power to change the way we access our information. Here is what that can mean for you as a manager, as a community, and as a citizen.
Foreclosures and You (and Your HOA)
"Foreclosure is a bit of a dirty word. Nobody wants to see anyone thrown out of their home - but it happens.
There are basically two different kinds of foreclosure homeowners association need to worry about: Foreclosure by the bank and foreclosure by the association itself."
Driving Technology Adoption
What drives technology adoption in community associations? Not homeowners, according to a new article on Better Condo Life, featuring our own Andrea Drennen. Learn why communities are slow to adopt, and what you can do about it.
Two Free Tickets to CAMfire 2018!
The best things in life are free, right? And it IS the season of giving! So in that spirit, we wanted to have a little bit of fun with a CAMfire swag pack giveaway. And not just any swag pack, the Ultimate CAMfire Swag Pack, valued at $1500*! See what we're giving away and how you can enter here!
Do You Have Big News This Week?
If you've got big news that would be relevant to other CAM professionals, please share it with us in the comments below!