Not-For-Profit organizations face unique challenges associated with federal and state accounting and tax requirements, including the need to file audited financial statements, and responding to requests for specific types of federal and state tax details and returns. Many are tasked with satisfying the requirements of a specific agency or governing body, including the need to demonstrate that a compliance audit has been performed and ensuring that they adhere to other specific reporting requirements.
Our accounting and assurance, tax, and consulting services are tailored to your organization’s unique needs. Our vast experience and understanding of NFPs can help you and your organization succeed. Many of our partners hold NFP board positions, which provides us with a unique perspective. Let us help with issues including:
- Tax Status
- Tax Planning
- Strategic Planning
- Regulatory Compliance
- Accounting Systems and Controls
- Setting Up a Separate Foundation
- Treasury Matters
Types of Not-For Profit Clients We Serve
- Religious Organizations
- Trade Associations
- Cultural Organizations
- Public Charities
- Private Foundations
To learn more, please contact MichaelSilver's Not-For-Profit Industry leader, Janell Wilson, CPA, Partner, at 847-982-0333 or contact us.