Non-Profit Tax Preparation
Non-profit taxes can be complicated. Our experts make it easy.
Tax Preparation and Bookkeeping for Non-profits
Work with America’s leading virtual accounting firm on non-profit organization accounting services, including non-profit filing and non-profit bookkeeping.
Non-profit Organization Tax & Bookkeeping Services
1-800Accountant’s Non-profits Accounting Services vs. Traditional Firms
Non-Profit Know-How
Our expert CPAs are familiar with state and federal laws that affect non-profits.
Non-Profit Filings
We help maintain your tax-exempt status by ensuring your filings and books are up to date.
Getting started is easy and free.
- Schedule a time to speak to one of our experts.
- Tell us about your non-profit’s needs.
- We’ll create a year-round tax strategy and match you with an accountant experienced in serving the unique requirements of your non-profit.
Non-profit Tax Form 990
Form 990 is an IRS form used as the primary tool for gathering information about non-profits, educating organizations about tax law requirements, and promoting compliance. Organizations also use Form 990 to share information with the public about their programs.
Working with a professional CPA ensures your non-profit’s Form 990 is complete and correct, which avoids IRS penalties and confusion among prospective donors and the general public.
Organizations described in section 501(c)(3) are commonly referred to as charitable organizations. Organizations described in section 501(c)(3), other than testing for public safety organizations, are eligible to receive tax-deductible contributions in accordance with Code section 170.
Navigating the ins and outs of Form 1023 can be complicated if you’re not working with a professional experienced in the non-profit space.
Tax Services for Non-profits
Expert From 990 completion
Public support test calculations
Analysis of unrelated business income (UBI) taxes and UBI activities cost allocations
Private foundation tax analysis
Strategic tax planning
Researching tax implications of alternative investments
Strategic tax planning
Talk to Your Non-profit tax expert
Schedule a call whenever you have a question or need advice on how to file non-profit taxes, strategy and financial management, or anything related to your non-profit accounting needs.
Non-profit Accounting FAQs
How do I prepare a balance sheet for a non-profit organization?
The general equation used to calculate a non-profit balance sheet, called a Statement of Financial Position, is “liabilities + net assets = assets.” While it may seem simple, it’s recommended that you work with a tax professional familiar with navigating financial reporting in the non-profit space.
For nonprofits it is not called a balance sheet, it’s called a Statement of Financial Position. It’s similar to a balance sheet, but the name is different.
Can a non-profit business earn money income?
A non-profit organization can earn income, but the profits must not benefit private individuals internally, unlike a for-profit organization.
What is the due date for non-profit tax returns in 2023?
Non-profit tax returns are due May 15th each year unless that due date falls on a weekend. The modified date usually falls on the Monday after.
Do non-profits get a 1099?
If you’re non-profit used contract workers or vendors to work for your organization during the year, you must submit a Form 1099 to the IRS. If you have not utilized these services during the year, you do not need to submit a Form 1099.
Speak to our experts about accounting for non-profit organizations today!
Get the most out of your non-profit organization by working with the professionals at 1-800Accountant. All it takes is a quick call to get started!
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