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Owens & Strussione, P.C. provides a wide range of services to individuals and businesses in a variety of industries. At Owens & Strussione, P.C., we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.

Our professional services include:

Common Interest Realty Associations (CIRA)
Condominiums, Homeowner Associations, Cooperatives, and Property Owner Associations

Since 1977, we have been servicing Community Associations, and our staff has over 86 combined years of experience in CIRA audits and reviews

We serve 200 multifamily housing clients annually with assets from $20,000 thru $1M

Active participants in the Community Associations lnstitute - CAI

Linda has been on the CAI Michigan Chapter Legislative Action Committee (LAC) since 2008

Our clients receive leading edge advice and insight based on our application of industry best practices, IRS Rulings,and the regulatory environment. We are also continually building our technical capabilities through teaching and attendance at Continuing Professional Education (CPE) courses and CAI seminars to focus this knowledge on industry-specific issues. We also share this knowledge with our clients by providing educational presentations and material on relevant industry issues.

Some of our many services include:

  • Audits, Reviews & Tax Preparation
  • Financial statement preparation in compliance with AICPA
  • Budget related advice, recommendations and review
  • Rentals and foreclosures
  • Developer transition to unit owner control consulting and auditing
  • Replacement reserve funding strategies
  • Litigation support
  • Forensic accounting
  • Tax audit representation
  • Multi-property shared expenses
  • Meeting with Board/Finance committee members to educate on their fiscal position
  • Offering recommendations based on our audit procedures and industry experience
  • HUD approved auditor services for audits, reviews, and HUD/REAC reporting requirements
  • Guidance for IRS Revenue Ruling 70-604
  • Tax consulting for cell tower, internet, cable contracts, and eminent domain issues
  • Voting tabulation services


Income Tax Planning and Preparation

At Owens & Strussione, P.C., we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow, and keep you on track to your financial goals. Our expertise, experience, analysis, and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws. We are knowledgeable and up-to-date on the tax laws and can make sense of your receipts, bills, and notices.

Estates and Trusts Consulting, Accounting and Tax Preparation

Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Owens & Strussione, P.C.'s role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well-thought-out plan as to how to distribute the assets left in one's estate so as to avoid complications and to be sure that the individual’s wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss.

Real Estate

  • Tax planning, consulting, and compliance
  • Strategic planning
  • Condominium, cooperatives, homeowner associations
  • Condominium conversions
  • Residential real estate, office buildings, and mixed use properties
  • HUD properties
  • Industrial/commercial buildings
  • New construction
  • Apartments and multi-family housing
  • Warehouses
  • Farms

Accounting Services

From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Owens & Strussione, P.C.'s accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.

These services include but are not limited to:

  • General ledger and financial statement preparation
  • Business consulting
  • Accounting system setup and support
  • Cash flow budgeting and forecasting
  • Personal financial statements
  • Individual, corporate, and trust tax planning and return preparation
  • Litigation support

Assurance and Advisory Services

At Owens & Strussione, P.C., we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures, and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business.

These services include but are not limited to:

  • Audits, reviews, and compilations
  • Entity selection and restructuring
  • Accounting software selection, implementation, and support
  • Financial projections and forecasts
  • Mergers and acquisitions
  • Transaction structuring and negotiations
  • Business succession

QuickBooks Accounting Help and Assistance

QuickBooks can provide useful and timely information in the form of financial statements, reports, and graphs. However, it can only provide this information if you purchase the right product and then install, setup, and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.

Owens & Strussione, P.C. offers the following solutions to help meet your QuickBooks needs:

Personal Training

We train you personally! Either one-on-one or several individuals within your organization at your company's location.


We install QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.


We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.


Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we can also provide accounting and payroll assistance.


Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.


Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Owens & Strussione, P.C. can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.

Entity Selection and Restructuring

Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Owens & Strussione, P.C. can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.

Budgeting Analysis

Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Owens & Strussione, P.C. can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, re-balance your budget and/or debts for an optimal cash flow to support your business' success. This balance plan would be revisited if and when there were any major changes in your business structure to ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.

Financial Projections and Forecasts

No one can predict the future perfectly, but we can all benefit from planning for it. Owens & Strussione, P.C. combines expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your needs, our work can range from top-level reports to detailed financial models.

Mergers, Acquisitions, and Sales

Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Owens & Strussione, P.C. can provide professional know-how to help you successfully structure and negotiate the deal. Owens & Strussione, P.C. employs careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right business decisions for your business for optimum success.

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