Hello everybody!!!!

Many of us have kind giving and charitable hearts, and are looking for a legal structure to carry charitable activities that have a long lasting impact on many lives and families. A nonprofit organization is a common structure for achieving this purpose. If well organized and managed, it can gain the 501 (c) (3) status of the Internal Revenue Code ( essentially become tax exempt), receive tax-deductible contributions from individuals ( allow generous contributors to deduct their donations on their own tax return), and be eligible for public and private grants ( solicit donations from foundations and the government).

The management of nonprofit does involve preparing detailed paperwork such as their tax return due by May 15th ( for calendar year organizations), or applying for the tax exempt status ( IRS Form 1023 and 1023-EZ).

MINSILI CPA LLC does offer the service of filing for the tax exempt status on behalf of owners and officers, as well as prepare existing nonprofit organization tax return Form 990, 990-EZ, 990-PF, and we are very efficient in our process. Do not hesitate to contact us for any inquiry.

Please read some of the pros and cons of a nonprofits organization.

http://nonprofit.about.com/od/nonprofitbasics/bb/corppros.htm

Thank you,

Yohan