$1 Million Tax Audit Protection 
San Marcos - Change Hablamos Español Access Our Client Portal
512-940-9001 Call 512-940-9001 Contact Schedule

Non-Profit Organization Tax Services in San Marcos, TX

Paramount Tax & AccountingBookkeeping firms in San Marcos can help you setup and maintain your non-profit organization's tax-exempt status by handling all the IRS reporting for you.

Each year the IRS requires most tax-exempt organizations to submit the Form 990 and its relations, which includes the following items.

  • Income Statement with very specific revenue and expense categories like donations, salaries, postage, rent...
  • Balance Sheet with specific categories like cash, accounts receivable, accounts payable...
  • Functional Expense Statement with all the expenses allocated to either program services, fundraising, or operations.
  • Individual Program Expense Statement that reports all of the expenses for each program or service like seminar programs or educational mailings.
  • Revenue Support Schedules that detail the organization's sources of income in specific categories like charitable donations, membership fees, investment income.

The IRS uses these very specific revenue and expense classifications to determine if your organization will retain its tax-exempt status. So it's imperative that you build your accountingbookkeeping system around these revenue and expense classifications.

Here's what a Certified Public Accountantprofessional Bookkeeper in San Marcos can do for you...

  • Review and compile your financial statements
  • Design, install, and maintain your accountingbookkeeping System
  • Weekly, bi-weekly, or monthly payroll preparation
  • Payroll Tax Preparation and Deposits
  • Provide training for your accountingbookkeeping personnel
  • Complete and file your non-profit status application
  • Provide training for your board on non-profit financial statement usage and effective budgeting practices
  • Prepare and file the 990 and 990T tax forms
  • Prepare your initial start-up documentation, including incorporation, federal employee identification number (FEIN), and payroll setup with federal and state agencies.
  • Churches: We prepare the pastoral housing allowance and other required benefit documentation to meet the complex dual status of ministers.

If you're starting a new not-for-profit organization we can help you prepare your organization's 501 (c)(3) application for tax-exempt status.

Here's what's needed...

  • Articles of Incorporation containing the Exempt Purpose Statement as described in IRS Code section 501(c)(3) and defined in Treasury Regulation 1.501(c)(3)-1 Paragraph d and the Dissolution Statement described in Treasury Regulation 1.501(c)(3)-1 Paragraph b subparagraph 4 ("Organizational Test").
  • Employer Identification Number
  • By-laws of the Organization
  • Minutes of Board Meetings
  • Names, Addresses, and Resumes of Board Members
  • Names and addresses of all Active Members
  • Inventory of Assets like cash, furniture, equipment, property, pledges...
  • Inventory of Liabilities like mortgages, accounts payable, loans...
  • Rent/Lease Agreements and Contracts
  • Revenue and Expense Statements for the last four years or as far back as possible if your organization has been in existence for less than four years.
  • Written Reason for Formation and History of the organization.
  • Organization Mission Statement or Statement of Faith or Beliefs for Churches and other Religious Organizations.
  • Organization Activities, Operations and Programs Documentation including your statement of purpose & operations, food programs, fundraisers, flyers/brochures/pamphlets...
  • Financial Support Documentation including all sources of revenue like contributions, tithes, offerings, fundraisers...
  • Fund Raising Program Descriptions
  • IRS Processing/Filing Fee

We are happy to prepare any of these items if you need help.

Contact Paramount Tax & Bookkeeping San Marcos to let us help you setup and/or maintain your non-profit tax-exempt status.

San Marcos tax preparation

Paramount Tax & Bookkeeping San Marcos tax bookkeeper

Call 512-940-9001 today!

Non-Profit Organization tax services San Marcos

Easy Online Booking

Get started with Paramount for your tax services in San Marcos, TX, recommended by family and friends every time.

OR

Request Appointment

Contact Paramount Tax & Bookkeeping San Marcos

Easy Online Booking

Get started with Paramount for your tax services in San Marcos, TX, recommended by family and friends every time.

OR

Request Appointment

Contact Paramount Tax & Bookkeeping San Marcos
Request Appointment
Texting Terms and Conditions

By providing a telephone number and submitting this form you are consenting to be contacted by SMS text message. Message & data rates may apply. You can reply STOP to opt-out of further messaging.

Learn More
-->
-->
Additional Business Services
Incredibly positive experience. David took us through the whole thing with the most minimal effort on our part. Saved us thousands with deductions. This will absolutely be our tax spot for years to come.
— Josiah Turner, Posted December 2nd 2024 on google
David was incredible. He guided us to what was needed and responded when asked questions. One of the best I have ever worked with for taxes
— Pam Pepper, Posted October 11th 2024 on google
David helped me file an amendment after an error was discovered from past returns. He handled all my questions and helped me understand the process. He was kind, available, professional, and resourceful. I would highly recommend working with David at Paramount Tax!
— Tanya, Posted October 9th 2024 on google
I had a less than ideal situation with a missing w2. Within a very short time we tracked it down and were ready to file. Great service and professional. Thank you David!
— malcolm mccoy, Posted March 30th 2024 on google
Well knowledgeable and educated and experienced made easy for me to understand my situation
— Nick Dom, Posted September 12th 2023 on google
I came to Dave needing advice on how to tackle a unique tax issue and he was so easy to talk with. He spent time reviewing our situation and gave me lots of good ideas on how to reduce our current tax liability along with great advice on how to plan for the future for our business. Highly recommend!
— Heather Lundwall, Posted July 17th 2023 on google
David Anderson provides excellent customer service! He is knowledgeable in his work and is detail-oriented. Any questions you may have he will answer them and ease any confusion or worries. Paramount Tax & Bookkeeping is great. We recommend them for your finances!
— Community Manager, Posted June 22nd 2023 on google
I have known David for a number of years. After serving on a committee with David, I found him to be a thoughtful and clear-thinking communicator and decision-maker. I would trust him to do excellent work.
— Diana Elkins, Posted March 5th 2023 on google
I have used different tax preparers over the years, from individuals to large companies. David has been the easiest and best to work with by far. He has my business from now until the day I pass away!
— David Muth, Posted February 22nd 2023 on google
David is very knowledgeable, honest and goes the extra mile to provide great service and will answer all your questions. Highly recommended
— Irene Castro, Posted February 21st 2023 on google
I have known David for quite a few years. He’s a brilliant mind and a great person. Absolutely recommend him and his business!
— Ryan Pethick, Posted February 10th 2023 on google
I've worked with David for many years on some pretty large projects. He is very professional and detail oriented, which is important when it comes to financial services. He was always very helpful and always responsive. Overall a pleasure to work with and I would recommend him!
— Jason Diamond, Posted February 8th 2023 on google
David was really quick and such a nice guy. Highly recommend
— FASTSIGNS 2337, Posted February 8th 2023 on google
Great service! They took the time to answer questions and to understand my situation. Over all, the best experience with a tax & bookkeeping service.
— Daniel Mendez, Posted February 4th 2023 on google
The staff here is incredibly friendly! They are honest and trustworthy which makes a world of difference. Highly recommend!
— Caitlyn Hermesch, Posted February 4th 2023 on google
They did my taxes and did a great job. I would highly recommend them .
— Andre Lopez, Posted February 1st 2023 on google
Paramount did the taxes for my start-up business as well as helped me set up the financials for the business. When I had questions, they were there to help me every time. I trusted them with my personal taxes as well. They were very helpful and informative. I will not consider going anywhere else.
— Adrian Tenorio, Posted February 1st 2023 on google
David is honest, professional and great to work with. He is very detail-oriented and his expertise is evident in the services provided. Highly recommend David and Paramount Tax Booking!
— Yvette Nunez, Posted January 30th 2023 on google
David has the upmost professionalism and reliability when it comes to his business! With more than 30 years experience in the accounting industry, I wouldn’t trust anyone else to handle my tax/ accounting needs. David is your guy for all things accounting!
— Melissa Smith, Posted January 29th 2023 on google
I have known David Andersen and worked with him for 25+ years. His knowledge and expertise related to all things finance are impressive! What I most admire about David is his patience and ability to explain and clarify every detail in a manner that makes sense.
— Jodie Wymore, Posted January 29th 2023 on google
San Marcos, TX Tax Review

Free 3-Year Tax Review

We review 3 years back to find errors / missed deductions.

About Us Contact Us

Paramount Experience

Many people do not know how a professional tax firm differs from a tax preparer. The main difference when working with a professional tax and accountingbookkeeping firm, such as Paramount Tax & Bookkeeping San Marcos, is that our firm utilizes the services of licensed professionals.

Paramount has worked hard to create relationships to deliver the value that our clients expect. In fact, our goal is to be the No. 1 firm in San Marcos. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Bookkeeping San Marcos!

Free Consultation 512-940-9001

Upgrade to Tax & AccountingBookkeeping Firm

Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accountingbookkeeping firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accountingbookkeeping firm utilizes licensed professionals, who can not only advise individuals on personal financial matters but who are qualified to advise businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial topics. Our strict standards ensure that we understand the complicated tax laws and how to implement strategies that return the most benefits to individuals and businesses. Give Paramount Tax & Bookkeeping San Marcos a call or visit our tax and accountingbookkeeping firm in San Marcos for a free consultation.

Individual Tax Preparation Business Tax Preparation