Non-profit organizations play a vital societal role, and their tax obligations require special attention. At The MHP Accountant, we specialize in providing comprehensive Non-Profit Tax services to help non-profit organizations navigate complex tax regulations and ensure compliance while maximizing their mission impact. Our dedicated team of tax professionals has extensive experience in the non-profit sector and will guide you through the intricacies of non-profit tax requirements.

Expert Non-Profit Tax Services

Our Non-Profit Tax services include:

• Tax-Exempt Status Application: We’ll assist you in obtaining and maintaining tax-exempt status for your non-profit organization. Our experts will guide you through preparing and filing the necessary forms, such as Form 1023 or Form 1023-EZ, to apply for federal tax-exempt recognition. We’ll ensure compliance with IRS regulations and provide ongoing support to help you maintain your tax-exempt status.
• Non-Profit Tax Compliance: Our team will help you navigate the complex landscape of non-profit tax compliance. We’ll ensure the accurate and timely filing of required tax returns, such as Form 990, Form 990-EZ, or Form 990-N (e-Postcard), and any applicable state or local tax filings. We’ll also assist with compliance related to unrelated business income tax (UBIT), state charitable solicitation registration, and other non-profit tax obligations.
• Tax Planning and Strategy: We’ll work closely with your non-profit organization to develop tax strategies that align with your mission and financial goals. Our professionals will help you optimize available tax benefits, such as charitable contribution deductions, and guide potential tax-saving opportunities. We’ll also assist in structuring fundraising activities and other financial transactions to maximize tax efficiency.
• Financial Reporting for Grants and Donations: We’ll help you navigate the complex reporting requirements of grants and donations. Our team will assist in preparing accurate financial statements, including the Statement of Functional Expenses, to meet grantor and donor reporting guidelines. We’ll ensure compliance with reporting standards, such as the Generally Accepted Accounting Principles (GAAP) or the Financial Accounting Standards Board (FASB) guidelines.
• Non-Profit Governance and Best Practices: We’ll provide guidance on non-profit governance and best practices related to tax compliance. Our experts will assist in establishing internal controls, policies, and procedures to ensure transparency, accountability, and compliance with non-profit regulations. We’ll help you implement sound financial management practices to safeguard your non-profit organization’s financial integrity.

Partner with Non-Profit Tax Experts

Trust The MHP Accountant for all your non-profit tax needs. Our dedicated team of non-profit tax specialists will provide you with the expertise, guidance, and support necessary to navigate the unique tax landscape for non-profit organizations. Let us help you fulfill your mission while complying with non-profit tax regulations.

Make an Impact with Proper Non-Profit Tax Management

Maximize the impact of your non-profit organization with proper tax management. Contact The MHP Accountant today to schedule a consultation and discover how our Non-Profit Tax services can contribute to the success and sustainability of your non-profit mission.