Specializing in Nonprofits

 

I have emphasized accounting, reporting, tax compliance, and general business consulting for not-for-profit organizations (including homeowners associations) since 1989.

We provide guidance and resources that will help organizations implement policies and procedures that permit affirmative responses to important form 990 questions, qualify and retain their tax exempt status, maintain their public charity status, and comply with numerous and complex tax reporting requirements. Our services provide advice on Board Governance, Related Parties and managing the risks, public support, test, contributions, fundraising, compensation issues, basic tax reporting issues and political activities.

We also provide services to estates and trusts including advanced planning techniques related to income, gift and estate planning using trust, estate planning , succession planning as well as the accounting, reporting and fiduciary considerations related to trust’s and estates.

I have provided services to Homeowners Associations for over 20 years and consult with Property Mangers as well as Boards of Directors in assisting them with reporting annual financial information to the IRS and state tax authorities. In addition, I prepare proforma budgets and reviewed financial statements in compliance with CA Civil Code Section 1365. Most importantly, I am highly experienced in preparing the annual tax returns (both federal and CA) as well as any corresponding Revenue Ruling Section 70-604 that may be necessary to avoid paying taxes on excess reserves in the current year.