Our goal is to help your organization comply with regulations, maintain a sound fiscal foundation, and maximize the reach of donations, budgets, and operations.
We are – and have been – actively involved in the tax-exempt sector, which means our team of CPAs has an extensive background navigating the budget-stressed frameworks, demands for fiscal accountability, and calls for responsible fundraising from boards of directors, granting institutions, and benefactors that tax-exempt groups must often balance.
Specialty services we offer to tax-exempt organizations:
- Applications for exempt status
- Private letter rulings
- Federal tax compliance
- Multi-state and local tax compliance
- Organizational restructuring
- Private foundation status and reporting compliance
- Federal, state, and local tax dispute resolution
For tax-exempt organizations, the UBIT obligation can be a confounding compliance challenge; we have extensive experience managing our clients’ UBIT reporting, as required by federal and state tax authorities.
Our full-service audit, tax, and advisory offerings to tax-exempt groups make UBIT services a natural extension of the work we do with:
- Employee Benefit Plans
- Foundations
- Higher Education
- Labor Organizations
- Research Institutes
When working with tax-exempt organizations, Miller Kaplan partners help clients to identify and evaluate possible UBIT liabilities, determine the applicability of criteria related to regular trade and business activities, and differentiate between income sources.
