At KBBSLLC, we specialize in providing accounting, tax & setup services for nonprofit startups, especially Christian churches & ministries. Our team has extensive experience working with entrepreneurs and helping them navigate the challenges of starting a nonprofit organization.
We offer a full range of services including the organization setup, filing of 501c3, annual report filing, and sales tax exemptions, tax preparation, payroll consulting, and financial reporting. We understand that each client has unique needs, and we work closely with our clients to provide customized solutions that meet their specific needs.
Our approach is to provide proactive and responsive service to our clients. We are always available to answer questions and provide guidance. We also provide ongoing support to help our clients stay on top of their annual filing requirements.
Everything you need to be setup for success
A Church can decide to file either as a 508c1a "Free Church" with no governmental influence or as a 501c3 church to get the "official" tax exempt letter from the IRS. Regardless, churches are then exempted from annual on-going state & federal fillings except state incorporation annual filing.
A nonprofit is not considered tax exempt until they file the appropriate form with the IRS & get approved. With the approval letter, nonprofits can apply for state & federal grants.
Unless a nonprofit is a church, nonprofits are required to file state annual reports and an informational tax return with the IRS on an annual basis. Contact us to file these documents for you.
We give a FREE 15 minute consultation where we explain the package specific to your request with timeframes and payment plans & options. If we then go over 15 minutes where you start needing to ask answers to a lot of questions, that is considered a paid consult and you will be charged.
We work by zoom/google meet, email and eSignatures in all 50 United States.
Includes creation & filing of all paperwork & consulting.
*Personally Liable for Business
*File DBA (Doing Business As) Name
*Obtain Tax ID number
*Separates Personal Liability from Business
*File Articles of Organization
*Obtain Tax ID number
*Taxed like a corporation
*File S-Corp Election Form with IRS
Let us take care of your tax preparation for you!
*1040 Individual Tax Preparation & all Schedules
*Earned Income Credit
*1040 Schedule C (Sole Proprietor or LLC Business)
*Schedule E (Rental & Royalties) and schedule F (Farms)
Let us take the stress and time off of you to file:
*990-N epostcard (<$50k annual income)
*990-EZ (<$200k annual income and <$500 assets)
*990 Long (>$200k annual income)
*Nonprofit Unrelated Business Income Tax Returns
Let us help you take the stress off!
*Individual & Small Business Tax Consulting
*Nonprofit Setup Consulting
*Preparation of W2s and 1099s
*Budgeting/Forecasting Services
*EOY Nonprofit Financial Reports
*Quickbooks Payroll Initial Setup
*Quickbooks Small Business Setup
*Quickbooks Nonprofit Setup
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Scott W. McMahon MD, New Mexico, USA
Mike Gooch, Bethany Hope Ministries, VA, USA
P.O. Box #113, Quitman, AR 72131
Today | By Appointment |
Contact us for a FREE 15 Minute Consultation!
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