Non-Profit Tax Services

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We offer a range of tax services, including individual tax preparation, business tax preparation and state tax compliance.

Non-Profit Tax Services by Watter CPA

At Watter CPA, we understand the unique financial challenges faced by non-profit organizations. Our dedicated team, rooted in the heart of Maryland and the DC area, extends its expertise nationwide, serving clients in all 50 states. From small local charities to larger non-profits in bustling cities like New York, we provide personalized, comprehensive tax services tailored to meet the specific needs of your organization.

Non-Profit Industry

Non-profits play a crucial role in our communities, often operating on tight budgets while striving to make a significant impact. Managing finances in such an environment requires meticulous attention to detail and an understanding of the intricate tax regulations that apply to non-profit entities. At Watter CPA, we specialize in helping non-profits navigate these complexities, ensuring compliance with all federal and state tax laws while maximizing the financial health of your organization.

Our Commitment to Personalized Service

As a small, local firm, we pride ourselves on building strong relationships with our clients. We understand that non-profits value personal interaction and the assurance that their financial matters are handled with care. Whether you prefer to drop off documents in person at our Maryland office, have a face-to-face meeting to discuss your financial concerns or need to send documents from afar, we are here to accommodate your needs.

Our approach combines the warmth and personalized attention of a small family business with the expertise and reach of a nationwide firm. We are committed to providing tailored solutions that reflect the unique goals and challenges of each non-profit we serve.

Comprehensive Tax Services for Non-Profits

Tax Preparation and Filing

Accurate and timely tax preparation is critical for maintaining your non-profit status and avoiding penalties. Our experienced CPAs are well-versed in the specific requirements for non-profit tax filings, including Form 990, 990-EZ and 990-N. We ensure that your filings are complete, accurate and submitted on time, giving you peace of mind and allowing you to focus on your mission.

Tax Compliance

Staying compliant with ever-changing tax regulations is a constant challenge for non-profits. At Watter CPA, we keep abreast of the latest changes in tax laws and how they impact non-profit organizations. We provide ongoing compliance support, including monitoring your financial activities for compliance issues, advising on best practices and helping you implement necessary changes to remain in good standing with the IRS.

Tax Planning

Effective tax planning can help non-profits optimize their financial resources. Our CPAs work closely with you to develop strategic tax plans that align with your organizational goals. From identifying potential tax savings to advising on the tax implications of fundraising activities and grants, we provide insights that help you make informed financial decisions.

Audit Support and Representation

If your non-profit is selected for an audit by the IRS or state tax authorities, it can be a daunting experience. Our team provides comprehensive audit support, guiding you through the process and representing your organization to ensure a favorable outcome. We help gather necessary documentation, respond to inquiries and address any issues that arise during the audit.

Financial Consulting

Beyond tax services, we offer financial consulting to help non-profits enhance their financial management practices. Our services include budgeting, financial reporting, internal controls and grant management. We provide the tools and advice you need to strengthen your financial foundation and support the growth and sustainability of your organization.

Payroll Services

Managing payroll for a non-profit can be complex, with specific requirements for reporting and compliance. Watter CPA offers complete payroll services, ensuring your employees are paid accurately and on time while meeting all regulatory requirements. Our payroll solutions are tailored to the needs of non-profits, providing efficiency and peace of mind.

Bookkeeping Services

At Watter CPA, we recognize that accurate bookkeeping is vital for non-profits to maintain their financial health and compliance. Our comprehensive bookkeeping services are designed to provide clarity and organization to your financial records, ensuring you can focus on your mission. For more detailed information on our specialized bookkeeping services for non-profits, please visit our Non-Profit Bookkeeping Services page.

Why Choose Watter CPA?

Expertise and Experience

With years of experience serving non-profit organizations, our team has the knowledge and expertise to handle the unique challenges you face. We understand the specific tax laws and financial practices that apply to non-profits and use this expertise to provide top-notch service.

Personalized Attention

As a small, local firm, we prioritize personal relationships with our clients. We take the time to understand your organization, its mission and its financial goals. This personalized approach allows us to deliver services that are truly aligned with your needs.

Nationwide Reach

While we are proud of our roots in Maryland and the DC area, we serve non-profits across all 50 states. Our extensive experience with clients nationwide means we are equipped to handle diverse tax situations and provide consistent, high-quality service regardless of your location.

Commitment to Excellence

At Watter CPA, we are committed to excellence in everything we do. From the accuracy of our tax filings to the quality of our client interactions, we strive to exceed your expectations and provide the highest level of service.

Contact Us

If you are looking for a trusted partner to handle your non-profit tax services, look no further than Watter CPA. Contact us today to schedule a consultation and learn how we can support your organization's financial health and success.

Watter CPA is dedicated to supporting non-profits with expert tax services and personalized care. We look forward to the opportunity to work with you and help your organization thrive.

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I’ve been working with Ken and his team for the last twenty five years and they always do such a nice job on our return preparation. The whole office is super committed and helpful. In dealing with the staff I’ve always seen such a high level of commitment from each of their personnel. We’ve used them for dozens of client returns and for complex non filers to catch them up on old returns as well.

– Jeffrey Katz
Chief Financial Officer, Katz Enterprises

Decades of experience with this company. Extremely knowledgeable, dedicated, prompt and personable.  Real winners.

– Margaret Mattson
Director of Operations, Mattson Holdings

I have been to several accountants, Ken and Alice are the best in service, knowledge, and giving me peace of mind... I highly recommend them!

– A C.
C & Co. Consulting

The team at Watter CPA has been instrumental in helping me navigate complex tax situations. Their attention to detail and knowledge of tax laws saved me significant money.

Jordan Lee
Los Angeles, USA

Contact Us

Our dedicated team is ready to assist you on your path to financial success.

5 N Adams St,
Rockville, MD 20850, United States

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Faq's

Frequently Asked Questions

At Watter CPA, we believe that understanding your needs is the first step toward providing exceptional service. Determining the specific service required involves a thorough review of your financial situation, which is only possible with proper documentation and accurate data. This approach helps us deliver tailored solutions that best meet your needs and compliance requirements.

Below, you will find answers to some of the most frequently asked general questions. If you have more specific inquiries or require additional information, please feel free to Contact Us.

General Questions

01
What types of tax planning services do you offer?
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How often should I meet with my CPA?
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Can you help with IRS issues or tax problems?
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What is the process for starting a new business with your help?
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Do you offer virtual consultations?
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How do you ensure the confidentiality and security of my financial information?
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What should I do if I receive a tax notice from the IRS?
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How do I get started with Watter CPA?
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Do you electronically file my tax return or do I have to mail it in myself?
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Do you prepare out-of-state tax returns? 
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11
Can you help with Cryptocurrency, Blockchain, or NFTs?
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Can you file an extension for my tax return?
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What documents do I need to bring to do my taxes?
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Should I file my tax return as Married Filing Joint or Married Filing Separate?
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My child is in college. Can I still claim them on my tax return? 
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I received an inheritance. Do I have to report that on my tax return? 
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My elderly parents are not sure if they have filed taxes for the past few years. Can you help me find out? 
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My ex-spouse claimed our child erroneously on their tax return. What can I do? 
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