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Your client is a Not for Profit organization that wants to change its calendars year to a fiscal year end but you suspect it is

Your client is a Not for Profit organization that wants to change its calendars year to a fiscal year end but you suspect it is passed the time for making the election. In addition the client wants to change their method of accounting from cash to accrual. Please explain the detailed requirements for changing tax year ends.

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Changing a tax year end for a Not for Profit organization requires adherence to specific IRS regulations and typically involves a formal request Here are the detailed requirements for changing the tax ... blur-text-image
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