70 East Sunrise Highway Suite 500, Valley Stream, NY 11581.
DIRECT: 516-367-0440 , TOLL FREE: 800-367-1650

Non Profit Organization

We have a thorough understanding of for-profit and not-for-profit businesses in Baldwin, NY. We offer assistance in setting up and maintaining non-profit organizations with tax-exempt status by handling the IRS filing and reporting.
Preparing your income tax return on your own is a risky, time-consuming process that can also be frustrating, especially for business owners. Tax laws and accounting services can be complex and difficult to understand. Although many offices handle their accounting with a software program, outsourcing accounting services is much more efficient. Our firm, G. A. Clahar, CPA offers professional tax assistance on an outsourced basis to business owners in Baldwin, NY.
Every year the IRS requires submitting the Form 990 and also includes the following items.
  • Income Statement with specific revenue and expense categories such as donations, salaries, postage, rent, etc.
  • Balance Sheet featuring categories such as accounts receivable, cash, accounts payable, etc.
  • Functional Expense Statement featuring the expenses allocated to fundraising, program services, or operations.
  • Individual Program Expense Statement reporting all of the expenses of each program or service such as educational mailings or seminar programs.
  • Revenue Support Schedules detailing the organization’s income sources in specific categories such as membership fees, charitable donations and investment income.

The IRS requires specific classifications of expenses and revenue to determine and retain the tax-exempt status. It is imperative to organize your accounting system around these classifications.

What we do for you

  • Compile and Review financial statements
  • Install, design and maintain your Accounting System
  • Prepare payroll weekly, bi-weekly, or monthly
  • Payroll Tax Deposits and preparation
  • Complete and file your application for non-profit status
  • Prepare and file the tax forms 990 and 990T
  • Prepare your start-up documentation, federal employer identification number (FEIN), including payroll setup with state and federal agencies.

Our professional accounting staff takes great care in providing the highest quality for our clients.

Our tax department is aware of all the aspects of not-for-profit filing requirements and we equip our clients with this essential knowledge. We will also provide details about the deductions and their limitations. Whether it is IRS filing, processing or any accounting process in Baldwin, NY, we are happy to prepare these items if you are looking for help in these areas.

G.A. Clahar, CPA, has special experience with accounting and financial management for not-for-profit institutions in Baldwin, NY including:

  • Private and parochial schools
  • Child daycare centers
  • Religious organizations
  • Arts & cultural organizations
  • Social organizations

Our Services Include:

  • Not-for-profit accounting and tax filings
  • Filing for 501(c)(3) status

Why Choose Geraldine A. Clahar, CPA Firm

Geraldine A. Clahar, CPA, has over 30 years’ experience as a professional accountant. Her background includes work in both public accounting, (with three years at KPMG’s New York office), and private accounting in the healthcare industry. She holds a BBA in accounting from CUNY Baruch College and an MBA in Taxation from St. Johns University. Her firm, G.A. Clahar, CPA serves small- to-medium-sized businesses as well as individuals, servicing all of their accounting, bookkeeping, tax, and financial planning needs.

Our Overall Services Include:

  • Accounting
  • Assistance with bank loan applications
  • Bookkeeping
  • Business consulting, budgeting and forecasting
  • Financial statement compilations, review, and analysis
  • Notary public
  • Payroll
  • Tax
  • Tax filings
  • Assistance with obtaining federal and state Minority and Small Business Certification

About Our Firm

Our experience in both public and private accounting provides us with a set of skills usually found only in large accounting firms. But our small size means that we offer a high level of attention and personalized service to each client.

In the field of taxation, rules are updated or become obsolete very quickly. We are constantly refreshing our knowledge base to stay on the cutting edge in the accounting and tax fields.

For professional, attentive service, no matter the size or scope of your organization, whether it is for-profit, not-for-profit or for individuals, contact us today for an appointment.

Address

1188 Village Ave,
Baldwin, NY 11510 
United States

PHONES

Phone: (516) 483-3851

CONTACTS

gerrycny@optonline.net
www.gclaharcpa.com

WORKING HOURS

Monday-Thursday: 9:30AM – 6:30PM
Friday: 9:30AM – 4:00PM
Saturday-Sunday: Closed

Since 1984, G.A. Clahar, CPA has been providing trusted and competitive tax services for businesses, individuals and non-profits in Baldwin, NY.
Many businesses today face unique challenges when attempting to manage their own tax services. G.A. Clahar, CPA offers exceptional service to help meet our clients’ needs in various industries. Our professional staff is equipped to assist all types of businesses.
Our experienced staff is dedicated to working efficiently to manage our clients’ administrative and financial concerns so that they can focus their time on reaching their business objectives and goals.

We Provide Insights

We follow industry best practices and stay up-to-date, providing insights on the changing market conditions and how they impact our clients’ businesses. We have many years of experience in delivering accounting, tax and consultation services for both for-profit and not-for-profit businesses.

Our commitment to not-for-profit businesses helps maximize their contributions to service efforts.  When starting a business, you need to be knowledgeable about tax services. We can help maintain tax-exempt status for not-for-profit- organizations.

We are aware that not-for-profit businesses receive financial assistance from the federal government that may require a single audit. This means that federal award transactions, financial statements, expenditures, internal control systems, general management operations and federal assistance acquired during the audit period need to be verified and financial records need to be examined. Some non-profits obtain funding from the general public or through professional fundraisers. They may require annual audits. We can assist with these audits.

Our Tax Planning Services

Our experienced team provides the best value in tax planning and tax preparation services for both individuals and businesses. We are dedicated to providing high quality service to all of our clients.

Businesses can benefit from tax breaks available from the IRS and the State. We help by providing accurate income tax preparation using the latest tax preparation software and by ensuring that there is no overpayment on corporate tax returns.

Our Comprehensive Strategy

Our professional staff calculates real tax, and utilizes tax deductions and credits in conjunction with a tax planning comprehensive strategy to reduce tax obligations for individuals and businesses. We also offer tax services to help companies conducting business in the United States. We help companies meet compliance requirements in order to manage the tax burden.

Why Choose Geraldine A. Clahar, CPA Firm

Geraldine A. Clahar, CPA, has over 30 years’ experience as a professional accountant. Her background includes work in both public accounting, (with three years at KPMG’s New York office), and private accounting in the healthcare industry. She holds a BBA in accounting from CUNY Baruch College and an MBA in Taxation from St. Johns University. Her firm, G.A. Clahar, CPA serves small- to-medium-sized businesses as well as individuals, servicing all of their accounting, bookkeeping, tax, and financial planning needs.

Our Overall Services Include:

  • Accounting
  • Assistance with bank loan applications
  • Bookkeeping
  • Business consulting, budgeting and forecasting
  • Financial statement compilations, review, and analysis
  • Notary public
  • Payroll
  • Tax
  • Tax filings
  • Assistance with obtaining federal and state Minority and Small Business Certification

About Our Firm

Our experience in both public and private accounting provides us with a set of skills usually found only in large accounting firms. But our small size means that we offer a high level of attention and personalized service to each client.

In the field of taxation, rules are updated or become obsolete very quickly. We are constantly refreshing our knowledge base to stay on the cutting edge in the accounting and tax fields.

For professional, attentive service, no matter the size or scope of your organization, whether it is for-profit, not-for-profit or for individuals, contact us today for an appointment.