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

Silver Advantage Alerts

Preparing for Tax Changes in 2025

The Tax Cuts and Jobs Act (TCJA) of 2017 significantly changed the Internal Revenue Code and lowered tax rates for individuals and businesses. Many of the TCJA’s changes will expire at the end of 2025 unless Congress and the President act to extend them or make them permanent. Whether this will happen largely depends on the outcome of the November elections. It is important to be prepared to take action should the sunset of these provisions occur.

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