Non Profit Tax & Accounting
With us in charge of your financials, you’ll have more time and money on hand to make a real difference in your community. Since nonprofit organizations risk losing their tax-exempt status if they don’t comply with accounting principles, it’s vital to pay attention to proper bookkeeping. For that reason, it may be best to get high-quality accounting software that can automate everyday tasks, create reports, and minimize room for errors. Our dedicated team possess the specialized knowledge and experience https://www.bookstime.com/ to help ensure compliance with the appropriate standards and changes in regulations that may impact your organizations operations. Our depth of experience in the industry mean that we bring creative and practical solutions to assist you in meeting the challenges that you face in your day-to-day operations and recommendations tailored to your unique needs. We look at non-profits as small businesses; we provide practical advice for accounting, operations, tax planning, and fund development.
The firm’s founder, Cheryl, has more than 15 years of experience in the field. Its provides payroll services, which include direct deposits, on-time printed checks, and reports of employees’ leaves and taxes. Its custom payroll work involves worker compensation, social security, and child sacramento bookkeeping support audits. It also processes unemployment claims and federal or state registration forms. In addition, its workers provide cash flow management and strategic business planning. Addfi Tax is bookkeeping services provider that caters to commercial establishments in Sacramento.
Accounting Cleanup
Located in Sacramento, Accurate Financial Services was founded in 2004 to provide excellence in bookkeeping, payroll, and tax preparation. They also offer accounting and organization skills for both small and medium-sized businesses. Founder Katja Abrahams, a native of Germany with a degree in accounting and mathematics who came to the United States in 2001, is a Certified QuickBooks ProAdvisor. Nonprofit Collaborative of Southern California
Janet Fohrman is the founder of the Nonprofit Collaborative of Southern California (NPCSC). It’s members consist of CPA, Marketing, Attorney, Insurance and other industry professionals that service nonprofit organizations. Our experienced bookkeepers and tax practitioners are well-versed in the accounting and tax requirements that are specific to small businesses and startups like yours.
She is also in a select group certified to lead the CliftonStrengths Discovery Course. Using the details you recorded about your nonprofit’s transactions, create a broad overview of your financial position and develop a plan to get your revenue where it’s supposed to be. To do this, you’ll need to set reasonable expectations for your income, expenses, and financial goals. Then, plan out how you’ll spend your income in a way that achieves those goals. Think of bookkeeping as studying for a test—it’s the necessary first step you must take to prepare yourself for the big exam. In the same way, bookkeeping can prepare your nonprofit’s financial records and budget for tax filings, annual reports, and every other deep dive into your assets.
