Non-Profit Organizations
The IRS uses very specific revenue and expense classifications to determine if your organization will retain its tax-exempt status. Our nonprofit tax services include tax planning, compliance, and consultation services, as well as the preparation of Form 990 or Form 990EZ, Form 990T, and M990T for organizations that have any activity that could produce unrelated business income, Form 990PF filings for private charitable foundations, including assistance in determining minimum distribution requirements for private foundations, and Commonwealth of Massachusetts Form PC filings for public charities.
Our team will assess your internal control systems to determine the efficiency and effectiveness of your operating procedures, then we make recommendations that help your company become stronger. Our services also include:
- Design and implementation of accounting policies and procedures manuals
- Design and implementation of monthly accounting checklists and procedures to produce monthly financial statements and compliance reports
- Monthly review functions of your accounting and financial transactions to ensure proper and complete recording
- Monthly financial statements for Board of Directors or Audit Committee
- Quarterly and annual financial reports for Board of Directors or Audit Committee
- Preparation of complete audit package with trial balance and supporting schedules to audit firm