Contact the GRF Tax Team

Tax Services Request for Nonprofit Entities

Expertise in Nonprofit Tax Services

At GRF, our CPAs specialize in all nonprofit tax strategies, including retaining tax-exempt status, tax planning, and preparing Federal Form 990. We work with hundreds of nonprofits to assist them with their IRS tax filing requirements.

Are you filing for yourself or a for-profit business?  Start here instead.

However, not all nonprofit tax issues require the assistance of a CPA firm.

GRF does not assist with applications for exemption, we typically have clients work with legal counsel for this part of the process. Here is a link to the IRS web page showing the procedure for getting your exemption reinstated:
www.irs.gov/charities-non-profits/charitable-organizations/automatic-revocation-how-to-have-your-tax-exempt-status-reinstated

For small organizations with average annual gross receipts of $50k or less, the Form 990-N postcard return may be able to satisfy your annual tax filing obligation with the IRS. Here’s a link to the IRS website to see if you qualify: www.irs.gov/charities-non-profits/annual-electronic-filing-requirement-for-small-exempt-organizations-form-990-n-e-postcard

If you meet these qualifications, the 990-N postcard return is a very simple 1-page filing that reports the organization’s name, address, and EIN#. Generally, because of its simplicity, this form is more cost effective for organizations to complete internally.

If your organization has gross receipts less than $200,000 and total assets at the end of the year less than $500,000, it can file Form 990-EZ, instead of Form 990. Here is a link with instructions. www.irs.gov/instructions/i990ez#en_US_2023_publink1000282755

Still need help? Let’s discuss!

If you are unable to qualify for the 990-N or 990-EZ, and need to file Form 990, we can help! Depending on your circumstances and the complexity of your organization, Form 990 preparation and filing fees can vary significantly – for many of our clients these fees start at around $4,000.

To discuss further, simply reply to this email and let us know a few days and times that work for you to set up a call.