Nonprofit Accounting & Tax Preparation

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.

Partnering together
Planning Services
Our McAllen VCFO agency has particularly designed services that will satisfy all your needs in a quick and convenient manner so that you and your team can be out improving our world one step at a time. In order to help your nonprofit grow, we offer:

  • 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
Here at Abigail Y. Murray CPA, LLC, our extraordinary nonprofit accounting services are specifically intended to help initiators of change ease their stresses with regard to confusing bookkeeping and accounting practices. We offer exceptional operational accounting and bookkeeping services, such as:

  • 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
Taxes are one of those elements of life that everyone has to deal with, including nonprofits! In order to prevent further stress and confusion during tax season, our specialized tax services include:

  • 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

Let Abigail Y. Murray CPA, LLC take care of your nonprofit’s financial planning while you focus on changing the world.