Accounting Advisory Services
How do we set up and maintain our accounting systems?
We can advise on how to set up your bookkeeping system as a newly formed entity, relocated business or existing operation. We can also provide regular support in the form of bookkeeping to support tax and other reporting requirements. Finally, arrangements can be made through our alliances for compilations, reviews and audited financial statements. The tax option chosen will depend upon whether the filer fits the requirements and elects the Foreign Earned Income and/or Foreign Housing Exclusions, or whether the tax payer qualifies for and chooses to file for a foreign tax credit.
Tax Exempt Organization
Our team’s experience with the creation of a tax-exempt organization and charitable giving tax law to obtain and maintain a non-profits status as exempt from taxes is an increasingly regulated environment.
We also assist individuals and their families and other donors organize their assets to best meet their philanthropic goals.
We understand the myriad of regulatory and compliance challenges that they face, inclusive of establishing and maintaining 501(c)(3) status and all manner of ongoing operations and regulatory compliance. We advise these groups on all aspects including reporting and tax obligations.
All interactions with tax authorities, from pre-organizational counsel to securing and maintaining tax-exempt status, as well as filing annual returns such as IRS Forms 990, 990PF and 990T and any controversies that may arise.
Provide counsel in unique and complex situations, including the relationship between non-profit organizations and their for-profit subsidiaries and sponsors.
Beyond compliance concerns, our attorneys and CPA’s can advise organizations on the tax aspects of charitable contributions and other financial support programs such as endowment funds, planned giving or bequest programs, pooled income funds, charitable gift annuity programs, donor-advised fund programs, supporting organizations and charitable split interest trust agreements.