MBAF has the knowledge and creativity to assist with challenging situations facing your non-profit organization.
Tax exempt organizations have philanthropic goals that must be merged with complex tax laws and regulations. We assist non-profits with the most efficient way to structure and manage their organizations and work closely to insure that the entities are compliant with federal and state operational and reporting requirements.
Planning and timely financial reporting are also critical to success. We offer our clients the security and confidence that their nonprofit tax returns and compliance reporting have been prepared and evaluated by professionals with vast technical knowledge and experience in the nonprofit area.
Our firm's tax exempt services focus on the unique needs of nonprofit organizations which include:
Philanthropic Planning
- Gifting and estate planning strategies
- Planned giving and fundraising
- Charitable planning utilizing Charitable Remainder Trusts, Charitable Lead Trusts and Private Foundations
Private Foundations and Public Charities
- Preparation and filing of the application for tax exemption and the preservation of tax exempt status
- Review of organization to oversee full compliance with regard to the rules on prohibited transactions such as self dealing and excess business holdings.
- Accounting services and preparation of federal and state tax returns
Tax Planning and Consultation
- Internal Revenue Service and state tax examinations
- Review of prior filings and address unrelated business income
- Plan Giving and Advising on Fundraising Activities
