In today’s society, taxes, donations, and fund allocations are all a part of the nonprofit organization experience, all of which can all pile up quickly without an efficient system in place. Facing these increasing demands in accounting, meeting regulatory requirements, and constant reporting can feel like a burden to yourself, your paid staff, and your volunteers over time, especially if your organization is understaffed.
Partnering together with the VCFOs and the CPAs at Abigail Y. Murray CPA, LLC who have experience with the unique financial systems involved in nonprofit accounting, can grant your organization the guidance it needs to demonstrate accountability, provide reliable financial reporting to the public and/or donors, and will help you achieve your organization’s mission in an efficient fashion.
Planning Services
- Investment strategizing
- Strategic business planning
- Audits and reviews
- Thorough examinations of financial records
- Help with cost monitoring
- Budge development analysis
- Well-informed industry updates
- Data gathering
Accounting and Bookkeeping
- Training your staff in bookkeeping duties
- Resolving account issues
- Managing your QuickBooks accounts
- Handling your everyday transactions
- Post bills and invoices
- Post and adjust payroll
- Post receivables, income, deposits, and more
- Reconcile bank accounts
- Maintain accurate records
- Act as your trusts virtual CFO
Tax Services
- Develop a tax plan
- Dealing with annual returns
- Tax consultation
- IRS penalty exposure reviews
- Assistance with applications for exempt status
- Federal, state and local tax compliance
- Information returns of IRS 990, 990-N, and 990-EZ