Tax Exemption Advisory
Tax Exemption Advisory for Nonprofits
At NCheng LLP, we specialize in helping nonprofit organizations secure and maintain their tax-exempt status with confidence. With decades of experience in nonprofit financial management, our expert team ensures that your organization complies with IRS regulations while maximizing the benefits of tax exemption.
Our Expertise in Nonprofit Tax-Exempt Services
Tax-Exempt Status Application & Structuring
- Assistance with IRS Form 1023 and 1024 applications for 501(c) tax-exempt status.
- Structuring your nonprofit to meet IRS and state tax exemption criteria.
- Guidance on governance best practices to ensure compliance.
Annual Compliance & IRS Reporting
- Preparation and filing of IRS Form 990 and other required returns.
- Advising on public support tests and compliance with IRS regulations.
- Assistance with state-level tax exemption filings and renewals.
Unrelated Business Income Tax (UBIT) & Risk Advisory
- Evaluation of unrelated business income tax (UBIT) risks.
- Advising on revenue-generating activities to protect tax-exempt status.
- Governance and policy reviews to align with IRS best practices.
Reinstatement & IRS Audit Representation
- Assistance in reinstating revoked tax-exempt status.
- Support in IRS audits, compliance reviews, and dispute resolution.
- Guidance on handling IRS notices and regulatory challenges.
Let’s Build a Stronger Financial Future, Together
Nonprofit tax compliance is critical to your mission’s success. Let NCheng LLP handle the complexities while you focus on making an impact.
Contact us today to schedule a consultation and ensure your nonprofit stays compliant and tax-exempt.
A Legacy of Excellence
We have been a trusted source for financial guidance for more than 35 years.
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NCheng helps businesses make strategic financial decisions with confidence.
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