Tax compliance & consulting
Tax-exempt nonprofits have rigorous tax compliance requirements necessary to maintain their exemptions. Additionally, they are not excused from their tax filing responsibilities.
At Watkins Meegan, we’ll help you understand the specific requirements for your organization and keep you updated as rules and regulations are changed or added. We'll also provide you with successful tax planning to minimize your tax burden, so you have more money and time to focus on your organization and its mission.
We help nonprofits by:
- Preparing tax forms and related filings
- Devising strategic tax plans
- Offering advice regarding tax laws and regulations
- Applying tax laws to financial reporting requirements, including FIN 48
- Consulting on Unrelated Business Income Tax (UBIT) requirements