TAX PREPARATION SERVICESSommerville & Associates offers an extensive practice in the preparation of various federal and state tax returns. Our firm's tax preparation practice focuses on the following services:
* Individual Income Tax Returns - With our firm's primary practice in the area of religious organizations, we have expertise in the preparation of federal individual income tax returns for ministers and other employees of religious organizations. The tax law for ministers is unique, and our firm makes it a priority to have a strong working knowledge of these unique laws.
* Nonprofit Information Returns - Forms 990 - Our firm prepares a significant amount of Forms 990 for exempt organizations of all sizes. Forms 990 are an organization's best form of public relations. The forms are required to be available for public inspection. Additionally, the majority of Forms 990 that are filed are obtained by the Guidestar organization and posted on the internet. Because of the public nature of the form, we believe that the Form 990 should be prepared with great care. A poorly prepared Form 990 can present a negative picture of an exempt organization. Not only is the staff at Sommerville & Associates dedicated to the thorough and proper completion of this form, but Elaine Sommerville acts as an instructor for the American Institute of Certified Public Accountants for its course on preparation of the Form 990 to other certified public accountants.
* Payroll Tax Returns - The payroll tax rules for nonprofit organizations, and especially for churches, can be complicated due to the special rules for both nonprofit organizations and for employees that are ministers. There are many exceptions to the fringe benefit rules for churches that further complicate payroll procedures. Sommerville & Associates can assist organizations in the preparation of payroll returns and in educating an organization's staff to assist in its compliance in this area.
CONSULTING SERVICES * IRS Compliance Review - The primary focus of an IRS Compliance Review is to determine if an organization is complying with the specialized IRS rules and regulations for nonprofit organizations regarding the documentation of disbursements, transactions with related and disqualified persons, reporting minister's wages, and other matters. Upon our engagement, we request from the client the accumulation and copies of certain records and information for our review and use during the engagement. In order to determine the organization's compliance with the IRS rules and regulations, we review and analyze various activities and transactions, as well as request various documents supporting the transactions in a fashion similar to the requests made by an IRS auditor in the course of an IRS examination.
* Consulting and Research Services - Sommerville & Associates attempts to find and provide answers to the organization's questions regarding federal and state tax issues. As organizations become more extensive in their operations, educating its staff on these rules as well assisting in the preparation and filing of their quarterly and annual payroll tax returns is a service our firm also provides.
* IRS Representation - Sommerville & Associates is available to assist both individuals and organizations with representation before the IRS. Elaine Sommerville has assisted in the representation of several large church case exams. This unique experience enables our firm to work with clients based on actual knowledge and experience rather than just theory.
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