“3 Tax Traps for Associations and Managers to Avoid” – Community Association Management Insider

“3 Tax Traps for Associations and Managers to Avoid” – Community Association Management Insider

Kickbacks might be easy to define, but sometimes in the day-to-day of work transactions, they can be difficult to spot.

“It’s generally receiving something of value in exchange for getting a contract or a better deal and pocketing that money or gift,” says Jamie Dokovna, a shareholder in the Florida law firm Becker & Poliakoff who practices employment law and works in the community association arena.

Other ways to describe them are along the lines of “quid pro quo” and “you pat my back and I’ll pat yours.”

Simply offering a referral with no exchange is usually acceptable.

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