Not-for-Profit Tax Services

McGladrey’s tax professionals take a proactive approach to managing the tax aspects important to not-for-profit organizations. We continually scrutinize new and pending federal, state and local, and international tax laws that impact not-for-profits, alerting you to changes as they occur, or before they occur. This holistic strategy allows you to respond in a timely fashion and also to implement internal changes for favorable tax outcomes.

In an increasingly fluid tax environment, providing constant communication is a focus of our tax practice. We develop timely electronic alerts, periodic newsletters and in-depth thought leadership that helps your not-for-profit organization stay current on existing and proposed tax legislation. In addition to providing continual communication and advice, our practice is fully integrated and comprehensive to assist in areas such as:

  • Federal tax compliance
  • Multi-state taxation
  • Benefit plans consulting
  • Compensation studies
  • International reporting

Find out more about McGladrey’s federal, state and local, and international tax services.

Public charities receive a break under the new tax law
Public charities could see an influx of contributions for the month of January if their respective donor bases are aware of the changes enacted as part of the American Taxpayer Relief Act of 2012.

Election year dos and don’ts: A closer look at election activity processes within tax-exempt organizations
The general election is fast approaching. The current contests are considered close by many commentators, which has caused some tax-exempt organizations to ramp up their activities as the election date looms on the horizon.

IRS notice addresses deductibility of contributions to disregarded entities
For years, certain taxpayers have taken the position that contributions to an entity owned by a charitable organization and disregarded for tax purposes qualified for tax deductible treatment.

2011 Voluntary Classification Settlement Program: Considerations for your not-for-profit organization
A new IRS Voluntary Classification Settlement Program (VCSP) lets employers voluntarily reclassify workers as employees and gain a reduced tax rate for the year of reclassification. But employers eligible for the section 530 safe harbor may want to consider what they are giving up to gain the benefit.