Non Profit Services
In transition to new outreach technologies and strategies amid demands for greater transparency and an increasingly competitive funding environment, non profit organizations of all sizes have come to rely on Pellegrino Honick McFarland & Miller, P.A. (PHMM) to navigate a myriad of changes in accounting, audit, tax and reporting regulations.
PHMM accounting and tax professionals customize accounting, audit and tax solutions to create robust accounting and reporting systems that smooth day-to-day operations and monitor any emerging financial issues. Our support services include computerized solution demonstrations, system installation and customized training.
- Accounting Auditing
- Tax Preparation and Consulting
- Reporting Compliance
- Advisory Services
- Litigation Support
PHMM accounting and technical experts design and implement fund structures and charts of accounts, accounting and internal control systems, and computerized accounting systems using proven, reliable and scalable software technology. Preparation of financial statements, and internal and independent audits are conducted in accordance with GAAP, Yellow Book and Single Audit Act guidelines.
Significant risks and opportunities exist in the compliance with federal and state tax laws. PHMM helps not-for-profit organizations establish and maintain compliance in their respective tax jurisdictions. In addition to federal and state tax and information returns, PHMM prepares Form 990, 990-T, 990-PF and Florida equivalent returns, and all related for-profit, partnership and trust filings. PHMM can assist with exempt status application preparation, Unrelated Business Income Tax (UBIT) and regulatory filings with the Florida Attorney General and Secretary of State. Our accounting and tax professionals advise clients on tax planning strategies and provide guidance regarding emerging legislative and regulatory issues. And should the occasion arise, PHMM has the forensic accounting and audit expertise and the digital forensics technology to support not-for-profit organizations and their attorneys involved in civil and criminal court actions.