Accounting and consulting services for tax-exempt entities are growing markets in our community. Tax-exempt organizations providing valuable programs locally include charities, private foundations, civic groups, and business leagues. Challenges facing these organizations range from securing exempt status, funding, and grant compliance to potentially taxable activities and excess benefit issues. Trout, Ebersole & Groff, LLP has long realized the social importance of these organizations, and is committed to providing a wide range of quality services tailored to their needs.

Expertise with Tax-Exempt Organizations:

• Assistance with required organizational and operational documents
• Securing federal tax-exempt status
• Securing sales and real estate tax exemptions
• Federal exempt organization filings and compliance
• Pennsylvania initial and renewal charitable registrations
• Financial reporting and other attest services
• Functional expense methodologies and reporting
• Compliance auditing and reporting with respect to federal funding
• Grant reporting compliance and program auditing
• Assessment and compliance regarding unrelated trade or business income
• Evaluating and reporting lobbying activities
• Evaluating excess benefit transactions
• Split interest agreements and beneficial interest trusts
• Private foundation reporting and compliance

Trout, Ebersole & Groff, LLP possesses and maintains the professional skills necessary to provide these valuable services to this significant segment of our practice.