Tax-Exempt Compliance Consulting

Tax-exempt entities must take great care in managing their affairs. We can help you manage risks and meet the stringent requirements outlined in the Internal Revenue Code with our tax-exempt compliance consulting services.

Podraza CPA provides ongoing tax-exempt compliance consulting support for its non-for-profit clients. We can perform Board presentations to help members understand their responsibilities and provide advice on corporate governance matters related to the exemption.

Here are some examples of times when you may consider giving us a call for advice:

  • The Board is reviewing a potential conflict of interest
  • The company is considering pursuing a new source of revenue
  • The company is engaging in a new activity
  • The company is opening an operation in a new locality

There is no greater threat to an exempt entity’s existence than losing its exempt status. In the worst case it means contacting your contributors and informing them that they have to amend their tax returns for any year they took a deduction for a contribution. There may also be additional personal liability exposure for officers and directors who have fiduciary obligations.

When in doubt give us a call. We will let you know if there is an issue that warrants our attention.

Tax-exempt entities must take great care in managing their affairs. Podraza CPA can help you manage risks and meet the stringent requirements outlined in the Internal Revenue Code with its tax-exempt compliance consulting services.