Each year the IRS requires most tax-exempt organizations to submit the Form 990 and its relations including income statement, balance sheet, functional expense statement, individual program expense statement and revenue support schedules.
The IRS uses these very specific revenue and expense classifications to determining if your organization will retain its tax-exempt status. It's imperative that you build your accounting system around this.
That's where we can help you setup and maintain your non-profit organization's tax-exempt status by handling all the IRS reporting for you.
Our Non-Profit Organization Service Includes:
Preparing, organizing and filing your application when starting a new non-for-profit-organization.
Reviewing and compiling your financial statements.
Designing, installing, and maintaining your Accounting System.
Preparing your weekly, bi-weekly or monthly payroll,
Preparing Payroll Tax and Deposits,
Providing training for your accounting personnel,
Providing training for your board on financial statement usage and effective budgeting practices.
Preparing and filing all tax forms.
Preparing your initial start-up documentation, including incorporation, federal employee identification number and payroll setup with federal and state agencies,
Churches: Preparing the pastoral housing allowance and other required benefit documentation to meet the complex dual status of ministers,
Book a meeting with us today so that we can help you setup and/or maintain your non-profit tax-exempt status.