Non-Profit Tax Return Preparation

Let us take over your tax return preparation and filing for your nonprofit organization with IRS Forms 990. Failure to file could result in you losing your tax-exempt status. Late filing penalties are $20 per day up to $10,000 total or $100 per day up to $50,000 total.

We can also help you in many phases of your nonprofit’s life cycle, such as:

• Filing the required annual returns for nonprofits.
• Staying compliant with your tax-exempt status and employment taxes.
• Representing you in case of inquiries, private letter ruling, or potential termination.
• Reinstating your organization if it has been dissolved because of forfeiture for failure to submit a tax return or annual report.

Keep in mind that, each year, charitable organizations in South Carolina are required to register with the Secretary of State’s office, per the Solicitation of Charitable Funds Act, before any solicitation activities or contributions can occur.

If you would like to sit down with us to discuss how we can help you with your tax and accounting needs, contact us for a free consultation.