Nonprofit Tax Services

Accounting and Consulting Services

Nonprofit Tax Planning Services are an important element of the suite of services provided by Feeley & Driscoll. With tax laws in a continuous state of change and increased complexity, proactive tax planning is paramount. We work closely with our clients in the tax planning process to develop value-added tax strategies that are both effective in minimizing the tax burden within the confines of the tax law and practical from the business perspective. Our team of Boston nonprofit accountants is available to provide your organization with a broad spectrum of tax consulting, representation and compliance services.

Under federal law, nonprofit corporations are not subject to federal income tax unless they carry on a trade or business that is unrelated to the exempt purpose for which they are organized. We can help to plan if your organization is subject to federal income tax on the unrelated business taxable income.

Contact our Nonprofit Tax Services specialists by Email or call us at 1 (888) 875-9770 to learn more about how we can help put your organization on the path to success.

• Feeley & Driscoll's not-for-profit tax planning services include (but are not limited to):
• Unrelated Business Taxable Income of Exempt Organizations
• Independent Tax Reviews (FIN 48 adoption)
• Compliance with IRS Regulations Regarding Fundraising Activities
• IRS Exemption Applications (Form 1023)
• Compliance with IRS Community Benefit Standard
• Tax Advisory Services related to intermediate sanctions regulations
• Public Charities State and Federal filing requirements
• Proper Classification of Key Employees (independent contractors vs. employees) and Executive Compensation strategies
• Charitable donation reporting
  

articles & related links

IRS Form 990 Preparing For The New Reporting Requirements - May 2009
Doug McGregor, Stephen Doneski, and Edward Johnson present crucial steps your company should be taking to become familiar with the new IRS Form 990 and its enhanced reporting requirements.

Important New Form 990 Instructions for Tax-Exempt Organizations - September 2008
On Aug. 19, the IRS issued instructions for the redesigned IRS Form 990, Return of Organization Exempt from Income Tax, which it had released in December 2007. Because the complex new form is designed to enhance transparency and promote tax compliance, filing it is expected to require greater public disclosure and more preparation time. Read the full article for details.

IRS Form 990 Update Presentation: Preparing for the New Reporting Requirements - December 2008
Doug McGregor presents an MHA coordinated discussion of the significantly redesigned IRS Form 990, filed by all tax-exempt hospitals.

Related Links

NonProfit Services
New IRS Form 990 Instructions for Tax-Exempt Organizations
Office of the Attorney General