Nonprofit Tax Services to Keep Your Mission Moving Forward

Are Taxes Holding Back Your Nonprofit’s Mission?

Tax season can feel like a constant challenge for nonprofits. Between IRS regulations, Form 990 filings, and maintaining your tax-exempt status, the process often takes your focus away from what truly matters—serving your community and fulfilling your mission.

You might even worry about missing deadlines or accidentally breaking the rules. But the truth is, you don’t have to handle it alone.

Nonprofit Tax Services: What’s Included?

Nonprofit tax services are designed to handle the tax responsibilities of organizations like yours. These services ensure that you remain compliant with tax laws, maintain your tax-exempt status, and take advantage of financial opportunities that benefit your cause.

At The Non-profit CFO, we provide comprehensive support to nonprofits, covering everything from annual filings to tax planning and advisory services

Simplified IRS Form 990 Filing

Form 990 is one of the most important tax documents for nonprofits. It’s not only required by the IRS but also serves as a tool to showcase your organization’s transparency and accountability.

We ensure your Form 990 is completed accurately and submitted on time, preventing compliance issues while highlighting your nonprofit’s achievements to donors and stakeholders.

Support for Tax-Exempt Status Applications

Are you starting a new nonprofit? One of the first steps is applying for tax-exempt status. This allows your organization to operate without paying federal income taxes and provides significant benefits like eligibility for grants and tax-deductible donations.

We simplify the application process, assisting with Form 1023 or Form 1023-EZ, so you can secure your tax-exempt status without delays.

Ongoing Compliance Assistance

Staying compliant isn’t a one-time task. Nonprofits must navigate federal and state filing requirements, registrations, and updates to tax laws. Missing any of these can lead to penalties or jeopardize your nonprofit’s tax-exempt status.

Our team handles these responsibilities, ensuring your organization remains compliant year-round. From annual filings to state-specific registrations, we’ve got it covered.

Unrelated Business Income Tax (UBIT) Guidance

If your nonprofit earns income outside of its primary mission—for example, through a fundraiser or business venture—that income may be subject to unrelated business income tax (UBIT).

Our experts help you identify and manage UBIT obligations, minimizing your tax burden while keeping your organization compliant with IRS rules.

Proactive Tax Planning for Nonprofits

Good tax planning isn’t just for for-profit businesses. Nonprofits also benefit from strategic planning that helps them maximize resources and achieve their goals.

We work with you to create a tax plan that aligns with your nonprofit’s mission and financial priorities, helping you make the most of your resources.

Maximizing State-Level Tax Benefits for Nonprofits

While federal tax-exempt status gets the most attention, state-level tax benefits can provide additional savings for your nonprofit. These benefits can include:
  • Property Tax Exemptions:

    Nonprofits that own property can often avoid property taxes, freeing up funds for their programs.

  • Sales Tax Exemptions:

    Many states allow nonprofits to make purchases related to their mission without paying sales tax.

  • State Registration and Filings:

    Each state has specific rules for nonprofits, and staying on top of these is essential for maintaining good standing.

At The Non-profit CFO, we help your organization explore and apply for these opportunities. From identifying eligible exemptions to ensuring compliance with state rules, we make sure you don’t miss out on valuable benefits.

Handling Donor Tax Deduction Reporting

Building trust with donors is a key part of nonprofit success, and one way to do that is by providing accurate tax deduction receipts for their contributions.

The IRS requires nonprofits to issue acknowledgment letters for donations over $250. These receipts must include specific details, such as the donor’s name, donation amount, and a statement confirming whether goods or services were provided in exchange for the gift.

Our team can help your nonprofit create clear, professional receipts that meet IRS guidelines. This not only keeps your donors happy but also strengthens your organization’s reputation for transparency and accountability.

Nonprofit Tax Audits: Are You Prepared?

Although nonprofit audits are rare, they can happen, especially if your organization has irregularities in its tax filings. An IRS audit can be intimidating, but preparation is key to managing it effectively.
Here are a few steps to stay prepared:
  • Keep Detailed Records:

    Maintain organized records of your finances, donations, and expenses.

  • Review Form 990 Before Filing:

    Ensure all the information reported is accurate and supported by documentation.

  • Seek Expert Support:

    If you receive an audit notice, having an experienced tax professional by your side can make a big difference.

At The Non-profit CFO, we not only help you file your taxes but also ensure your records are audit-ready. Should an audit occur, we’ll stand by your side to guide you through the process.

The Risks of Noncompliance

Failing to meet nonprofit tax requirements can result in serious consequences, including:

Loss of Tax-Exempt Status

The IRS can revoke your tax-exempt status if your nonprofit doesn’t file Form 990 for three consecutive years.

Penalties and Fines

Late filings or errors in your tax forms can lead to financial penalties.

Reputation Damage

Noncompliance can harm your reputation with donors and stakeholders.
With our nonprofit tax services, you can rest assured that your organization remains compliant, avoiding these risks and focusing on your mission.

Frequently Asked Questions (FAQs)

Failing to file Form 990 for three consecutive years can result in the automatic loss of your tax-exempt status. Reinstating this status can be a lengthy process. With our services, you’ll never miss a deadline.
Yes, even small nonprofits must file a version of Form 990. For example, organizations with annual revenues below $50,000 typically file Form 990-N.
UBIT applies to income earned from activities not directly related to your nonprofit’s mission. For example, if you operate a café to generate additional revenue, those earnings may be subject to UBIT. We can help you navigate these requirements.
State-level tax exemptions depend on your location and activities. We’ll help you identify applicable exemptions and guide you through the application process.
Maintaining compliance requires timely filings, accurate records, and staying up to date with changes in tax laws. Our nonprofit tax services ensure you meet all these requirements without hassle.

At The Non-profit CFO, we’re more than just tax experts—we’re partners in your mission. Whether you need help filing taxes, managing compliance, or planning for the future, our nonprofit tax services are here to support you every step of the way.

Book a free consultation to learn how we can simplify your nonprofit’s tax requirements and help you focus on what matters most—changing lives.