Tax Services
At COMD, we take the time to understand the unique structures and complexities of each client, whether nonprofit, for-profit, or a combination of both. In many cases, we also navigate the interrelationships between these entities. Our primary goal in every client relationship is to identify and address their specific tax-related concerns, with particular emphasis on protecting and maintaining tax-exempt status when applicable. Given the heightened scrutiny from the IRS, we provide the critical guidance our clients need not only to meet their reporting obligations but also to grow and thrive. This commitment has been at the core of our mission for decades.
Our scope encompasses a full range of tax services specifically tailored for not-for-profit organizations, including Private Clubs, Charities, Schools, Private Foundations, and Trade and Membership Organizations. We pride ourselves on being thought leaders in these sectors, navigating all areas of specialized tax obligations and offering assistance that extends well beyond tax filings.
Each member of our audit and tax teams is committed to serving our clients year-round, rather than as a once-a-year resource. Our engagements can be structured to include:
Preparation | Preparation of the application for exemption for filing with the IRS
Tax Filings | Annual tax filings prepared in-house by our seasoned professionals, with management-level personnel involved in all tax advisory and compliance matters
Representation | Representation during audits by the IRS and state and local regulatory authorities
Advice | Ongoing tax advice on maintaining tax-exempt status
Updates | Periodic updates on tax developments of interest
In all that we do, COMD takes great care to address our clients’ concerns and provide the structure and answers they need throughout the year.