Your tax-exempt status means you can direct more of your money toward your mission. But it doesn’t mean that you’re free from tax concerns.
Consider your IRS Form 990. It’s more than just a tax record for the government; it paints a picture of your organization’s programs, expenditures and salaries, and it’s often your first impression for donors and grantors.
There are also complex guidelines surrounding lobbying, political donations, foreign dealings and other activities. You could accidentally jeopardize your tax-exempt status if you’re not aware of them.
And if you have a thrift shop, licensing agreements or other sources of revenue not associated with your mission, you might have unrelated business income tax (UBIT). With constant changes in nonprofit tax laws, these revenue sources need to be monitored throughout the year.
With experienced tax CPAs and a dedicated Nonprofit Services Team, James Moore has the expertise and resources you need to manage these obligations and maintain your tax-exempt status. We understand the laws that affect you, the IRS red flags and information on your Form 990 that donors like to see.
From tax-exempt law advisement and UBIT consulting to Form 990/990-T completion services, we provide a complete array of nonprofit tax services to protect your organization and help it grow.