Non-Profit Services
Non-Profit Services
IRS Return Preparation
Ickes CPA can help you setup and maintain your non-profit organization's tax-exempt status by handling all the IRS reporting for you. Each year the IRS requires most tax-exempt organizations to submit the Form 990 and its relations, which includes the following items.
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Income Statement with very specific revenue and expense categories like donations, salaries, postage, rent, etc...
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Balance Sheet with specific categories like cash, accounts receivable, accounts payable, etc...
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Functional Expense Statement with all the expenses allocated to... (click for more)
Audits
Audits Not Just for Public Entities
All public companies are required to have an annual audit, but some nonpublic entities must undergo an annual audit as well. These include local governments, not-for-profit agencies and other organizations receiving government grants. Moreover, some financial institutions require audits of nonpublic companies based on the financing amount and/or the bank's assessment of the company's risk. Also, companies with absentee ownership (such as those owned by investment firms, or individuals who no longer run the business) may order audits as checks of their ... (click for more)
Donation Management
If you're starting a new non-profit organization Ickes CPA can help you prepare your organization's 501 (c)(3) application for tax-exempt status.
Here's what's needed...
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Articles of Incorporation containing the Exempt Purpose Statement as described in IRS Code section 501(c)(3) and defined in Treasury Regulation 1.501(c)(3)-1 Paragraph d and the Dissolution Statement described in Treasury Regulation 1.501(c)(3)-1 Paragraph b subparagraph 4 ("Organizational Test").
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Employer Identification Number
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By-laws of the Organization
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Minutes of Board Meetings
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Names,... (click for more)
Tax Preparation
Tax Preparation
Business Tax Preparation
Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government's General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer. Whether we like it or not, today's tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there's no substitute for the assistance of an... (click for more)
E-File Returns
The quickest way to process your return and get your refund on its way is via e-file. After preparing your return, we can handle the e-file process for you in its entirety.