Not-For-Profit

Partnering with You to Help You Meet Your Mission

 

MichaelSilver helps Not-For-Profit (NFP) managers and boards manage the unique challenges associated with their organizations. Filing federal and state information and tax forms, reporting and compliance requirements related to governmental and private funders, developing effective internal controls, accounting in accordance with generally accepted accounting principles, and periodic financial reporting to your board can be especially challenging for not-for profit organizations.

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
  • Membership
  • Strategic Planning
  • Regulatory Compliance
  • Accounting Systems and Controls
  • Setting Up a Separate Foundation
  • Endowments
  • Treasury Matters

Types of Not-For-Profit Clients We Serve

  • Religious Organizations
  • Schools
  • Trade Associations
  • Cultural Organizations
  • Public Charities
  • Private Foundations

Our deep not-for-profit experience can help your
organization succeed.

Janell Wilson

Janell Wilson

CPA, Partner

Harry Steindler

Harry Steindler

CPA, Partner

Silver Advantage Alerts

New IL Bill Unleashes Trio of Tax Amnesty Programs — Hall Pass Included

Fresh off the Governor’s desk in mid-June, House Bill 2755 (Public Act 104‑0006) rolled into law as part of Illinois’ fiscal year 2026 budget. Alongside sweeping tax changes, including the rollout of sports betting levies and the expansion of nexus definitions, the legislation authorizes three new amnesty programs for overdue taxes.

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