Non-Profit Organizations
We provide tax and accounting management that accounts for the structure of both primary purpose activities and profit-generating activities of non-profit corporations and organizations.
Who Needs This
- When you need accounting and tax handling tailored to the operations of a non-profit corporation or organization
- When you need separate accounting for primary purpose activities and profit-generating activities
- When you need support for public-interest corporation closing disclosures, donated asset reporting, donation organization review reports, and annual donation fundraising and utilization statement submissions
Why HAON
- We understand the unique nature of non-profit organizations and apply standards that differ from those of for-profit corporations
- We focus on closing the gap between your operational purpose and the actual accounting and tax handling
- We provide clear separation between profit-generating and primary purpose activities, along with the corresponding separate accounting
Team members experienced in this area
FAQ
Do non-profit organizations also need tax management?
Yes. Non-profit corporations and organizations face various tax issues including primary purpose activities, profit-generating activities, donations, accounting treatment, and obligations related to public-interest corporations. Professional management is essential.
Since non-profits are often subject to different regulations than for-profit corporations, tax review tailored to the organization's nature and business structure is crucial. Organizing the operational structure from the early establishment stage helps reduce future filing errors and risks.