Michigan Nonprofit CPA Services that take out the guesswork
You don’t have to make educated guesses about your nonprofit tax situation. We can help.
CPA and Tax Services for nonprofit and government organizations
Nonprofits and governments aren’t completely exempt from tax liability, and these organizations tend to have higher turnover and more of a volunteer presence. Your team shouldn’t be expected to know all there is to know about taxes. Our integrated team at H&S Companies specializes in nonprofit taxes, accounting, auditing, and more.
our nonprofit and government accounting services
We’ll help you cover all the bases for your nonprofit tax filing so you can feel more confident when tax season comes around.
FAQs
What nonprofit tax services does H&S Companies provide?
H&S Companies provides comprehensive tax services for nonprofit organizations, including Form 990 preparation, tax-exempt compliance, unrelated business income tax (UBIT) reporting, state and federal tax filings, tax planning, and guidance on maintaining tax-exempt status. Our team helps organizations navigate complex tax requirements while supporting their long-term mission.
What is Form 990?
Form 990 is the annual information return many tax-exempt organizations must file with the IRS. It provides information about the organization’s finances, governance, programs, and operations. In addition to meeting IRS requirements, Form 990 serves as a public document that donors, grantmakers, and other stakeholders often review to evaluate an organization’s transparency and financial stewardship.
Why is accurate Form 990 preparation important?
Form 990 is more than a compliance filing. It reflects your organization’s financial health, governance practices, and accountability to the public. Accurate preparation helps reduce compliance risks while presenting clear, reliable information to donors, board members, grantmakers, and regulatory agencies.
Can H&S help us maintain our tax-exempt status?
Yes. We help nonprofit organizations understand and meet ongoing IRS requirements, identify potential compliance issues, and develop practices that support continued tax-exempt status. Proactive guidance can help reduce the risk of reporting errors or missed filing deadlines.
What is unrelated business income tax (UBIT)?
Unrelated Business Income Tax (UBIT) may apply when a nonprofit earns income from activities that are not substantially related to its exempt purpose. We help organizations determine whether UBIT applies, calculate any tax due, and ensure the appropriate reporting requirements are met.
Can you help with nonprofit tax planning?
Yes. Tax planning is important even for tax-exempt organizations. We help nonprofits evaluate financial decisions, understand tax implications, prepare for regulatory changes, and identify strategies that support compliance while strengthening long-term financial sustainability.
How can nonprofit tax services support our board of directors?
Board members have an important responsibility to oversee the organization’s financial stewardship and compliance. We provide guidance that helps boards understand tax obligations, review Form 990 filings with confidence, and fulfill their governance responsibilities.
Do you work with nonprofits throughout the year or only during tax season?
We work with nonprofit organizations year-round. Ongoing communication allows us to answer questions as they arise, monitor changes in tax regulations, address compliance concerns proactively, and provide guidance that supports informed decision-making throughout the year.
How is H&S Companies different from other nonprofit tax advisors?
At H&S Companies, we understand that nonprofit tax services extend beyond preparing annual filings. Our dedicated government and nonprofit specialists are focused on serving organizations like yours rather than preparing individual and business tax returns, which means they remain accessible and responsive even during the height of tax season. We work alongside nonprofit leaders throughout the year to help organizations navigate changing regulations, strengthen governance, maintain compliance, and make financial decisions that support their mission and long-term sustainability.
When should our nonprofit consult a tax advisor?
It’s beneficial to consult a nonprofit tax advisor whenever your organization experiences significant growth, launches a new program, receives major grants or donations, generates revenue from new activities, undergoes leadership changes, or has questions about compliance. Early guidance can help prevent issues and uncover planning opportunities before they become challenges.
Meet with a Nonprofit Tax accountant
Come see what makes H&S accountants different—our commitment to your goals, your dreams, and your greater financial good.