Fort Lauderdale, CPA, Hollywood FL IRS Tax Problems CPA

We’ll keep communication open throughout the process via face-to-face meetings, phone calls, technology and other methods. Nearly all transactions have alternate tax consequences, and constant changes in tax laws require your situation to be monitored throughout the year. An independent member of the BDO Alliance USA, independently owned local and regional accounting, consulting and service firms with similar client service goals. We take pride in being one of the top non-profit accounting and CPA firms in Florida, catering to the varied and challenging requirements of Churches, Foundations, and all Charitable organizations in the best possible manner. We obtain an understanding of the design and implementation of the control environment. The objective is to gather information concerning the effectiveness of internal controls over the accounting system that may impact the preparation of financial statements.

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In recent years, our firm and its employees have donated nearly $100,000 to local charities, and organizations. We are focused on credibility, reliability and responsiveness in our relationships. Moreover, we are passionate about client service and are committed to the highest ethical and professional standards. On the other hand, running an efficient non-profit organization entails a lot of tiresome tasks, such as filling out paperwork, crunching numbers, and other similar activities.

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That’s why we started this business—because we truly care about helping mission-driven organizations like yours stay focused on what matters most. Our accountants are fully prepared to take on the most difficult audit preparations, account reconciliations, system reviews, and more. Plus, Jitasa works exclusively with nonprofits, so our strategies are tailored to your needs. Looking for nonprofit bookkeeping services in other cities in North Carolina?

About our CPA Firm

Step 3 is onboarding and cleanup—we’ll get everything organized, tidy up your books, and make sure your chart of accounts, classes, and funds are set up to support your mission. We’ll walk you through the process so you always know what’s happening and why. For growing nonprofits ready to level up their financial clarity and make strategic decisions. Jitasa’s tax specialists have filed more than 4,000 tax returns for nonprofits of all shapes and sizes. In addition to your IRS Form 990, we’ll prepare any other forms you may Financial Forecasting For Startups need. Our experienced accountants are highly educated and experienced in tax planning and will work hard to make every dollar count.

• We make sure to prepare the books of accounts accurately and make them available whenever the need arises.
• We have a team of proficient experts who come up with complete solutions so that no organization needs to search for another service provider to avail of a service.
• The non-profit entities or organizations face a number of challenges which the profit businesses do not have to undergo.
• Once you’re fully onboarded and your books are cleaned up, we’ll start your monthly bookkeeping services so everything stays organized, accurate, and ready for board meetings, grant reports, and big decisions.
• We help manage cash flow, track project costs, and handle vendor payments to keep your operations smooth.
• You can either assign this task to one of your staff members or trust a professional to handle it.

Planning and Tax for Non-Profit and Private Foundations

Is your foundation’s prime resource for sensible planning and tax services. We proudly serve a wide range of industries with our accounting services, and we will employ our extensive tax bookkeeping services fort lauderdale and financial experience to benefit your non-profit or private foundation. We can help you manage your books, deal with confusing tax documents, and make the most of your resources. Our services extend to 501(c)(3) organizations like churches, charities, schools, human service agencies, and foundations. Offers from our Miami and Fort Lauderdale, FL locations include foundation accounting services. If you have a non-profit or private foundation, we offer stability for your financial activities and timely, reliable tax services to ensure your records and return align with the US requirements.

From juggling grant tracking and donor restrictions to staying compliant and making sure everything adds up—it’s a lot. After more than 10 years working in a busy accounting firm, we saw too many nonprofits trying to do it all on their own, often without the right support. So it’s imperative that you build your accounting system around these revenue and expense classifications. This information will be used later to produce financial statements (and report your financial information to the IRS), so you should thoroughly and accurately detail each transaction your nonprofit makes. That way, you can be sure that your nonprofit maintains both its 501(c)(3) status and the trust of its supporters. Jitasa’s team of bookkeeping & accounting experts will take care of your bookkeeping, accounting, tax prep, and filing so you can focus on your nonprofit’s mission.

Payroll processing, excise tax payables, document preparations, commercial loan brokering, and part-time CFO services – just to name a few. Accurate books and records are vital to the decision-making process of any business. Adding this responsibility to an existing staff member’s to-do list will likely overwhelm your employees, and your books won’t get the undivided attention they need. That’s why your first step in the bookkeeping process should be finding a bookkeeper (and evaluating your outsourcing options).

• We understand the unique needs and challenges that nonprofit organizations face when it comes to managing their finances.
• While you work on your mission, we’ll streamline your accounting functions and make sure your financials are clean and up to date.
• The balance sheet of your charitable organization is sometimes referred to as the statement of financial situation.
• The revenue statement is another name for the statement of activities for your non-profit.
• Our experienced consultants offer valuable advice and suggestions that play a significant role in helping non-profitable businesses carry out their operations without any kind of problems and make sure that compliance is met appropriately.

• When you partner with us, you’ve got a team of nonprofit CPAs focused on understanding your  specific challenges and finding strategies to help you pursue your mission more effectively.
• Whether you decide to outsource both your bookkeeping and accounting services or just one, you can be confident that we’ll provide professional services designed to meet your nonprofit’s specific needs.
• We are known for our attention to detail, personalized approach, and commitment to excellence.
• Here at SMAART Company, we take care of all the endless paper-pushing that it takes to efficiently and seamlessly run a business.
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• We assist with rental income tracking, cost allocation for construction materials, and managing contractor payments, ensuring your projects stay profitable and on schedule in one of South Florida’s most dynamic markets.

The revenues from payroll taxes are used to fund public programs; as such, the funds collected go directly to those programs instead of the Internal Revenue Service (IRS). It is never too early to start preparing for significant life events, both the predictable and the unpredictable. We’ll work with you to connect accounts and pull the data we need to reconcile your books. Our platform allows you to automate data inputs from most major providers to online bookkeeping avoid common mistakes. We partner with merchants like Gusto, Stripe, Shopify, and Square—so your finances are always accurate. What drew you the most when you started working at your non-profit organization?