How is mesha different from other Accounting and Bookkeeping Software?

mesha is an all-in-one automated solution for your business. Be it Catchup Bookkeeping, Consulting an Accountant or just day to day Business Accounting, mesha aims to make everything related to Accounting as well as Bookkeeping easy for businesses and Accountants.

Can I sign-up for a Free Trial?

You can definitely Book a Demo or Start for Free. We also offer different Pricing starting at $49 a month that includes Accounting Software as well as Invoicing. You can choose to include extra add-ons such as Bookkeeping, Payroll and Tax. Take a look at mesha’s Pricing.

Can I change my subscription plan?

Yes! You can modify your subscription anytime. Contact your mesha specialist for assistance, and they'll guide you, ensuring a service tailored to your preferences.

What support options do I have with mesha?

You can contact mesha via chat (click on the icon in the bottom right of the page) or via email at info@mesha.club.

How do I know which package is right for my business?

After our in-depth free consultation, where we assess your business's unique needs and objectives, we'll suggest the best package. For a comprehensive understanding, our website offers a detailed package comparison.

All-in-one finance platform for accounting, bookkeeping, taxes and payroll for nonprofit organizations

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Why nonprofits love mesha

780+

Hours saved on accounting, bookkeeping and financial admin tasks

$15000/year

saved on bookkeeping and tax fees

100%

accurate financial insights

Financial powerhouse for your nonprofit organization

Accounting

Bookkeeping

Taxes

Payroll

Invoicing

Legal

Expenses

Reporting

Intelligent accounting software for modern nonprofits

Income

Expenses

Transactions

Automated Income Tracking Made Effortless

Automated income tracking, reconciliation, and tax calculations

Integrations with payment gateways, banks, payroll, CRMs etc.

Supercharge your nonprofit’s growth and close your books 3X faster

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Specialized Bookkeeping Solutions for Nonprofits

Managing a nonprofit organization involves a set of financial intricacies that are distinct from traditional businesses. Our tailored accounting and bookkeeping services are expertly crafted to meet the specific financial requirements of nonprofit organizations, whether you're a grassroots initiative or part of a larger nonprofit enterprise. We have a deep understanding of the unique financial challenges you face and the specialized tools and expertise required to handle them with precision and efficiency.

Assured accuracy through quality checks and peer reviews

You are always in the loop with regular updates

Instant access to dedicated bookkeepers who understand nonprofit organizations

Catchup bookkeeping for with rapid turnaround time

Tax ready financial records for smooth and efficient filing

Trusted tax management and filing for nonprofit organizations

Tax Management Software

Automated tax calculation for sales, payroll and federal
Reminders on taxes and compliance filing
Tax ready reports with P&L, expenses and balance sheets

Tax Prep and Filing

Instant access to top tax consultants for nonprofit organizations
Proficient counsel on nonprofit specific tax frameworks and tax-efficient strategies
Minimizing tax liabilities and maximizing deductions
Stay up to date on dynamic tax laws and regulations impacting nonprofit organizations

Tax related FAQs for nonprofit organizations

Do nonprofit organizations have to pay taxes?

Nonprofit organizations, if properly organized and operated, can be exempt from federal income taxes. This exemption typically falls under section 501(c)(3) of the Internal Revenue Code. However, nonprofits may still be liable for certain state and local taxes, such as property taxes or sales taxes, depending on the specific laws of their jurisdiction. It's crucial for nonprofits to maintain their tax-exempt status by complying with IRS regulations and state tax laws

What is the process for obtaining tax-exempt status for a nonprofit?

To obtain tax-exempt status, nonprofits must apply for recognition as a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code. This typically involves filing Form 1023 or Form 1023-EZ with the IRS. Organizations must provide detailed information about their mission, activities, governance structure, and financial operations. The IRS reviews these applications to ensure they meet the requirements for tax-exempt status, which generally includes serving a charitable, educational, or religious purpose and not providing excessive private benefits.

What is unrelated business income, and how does it affect nonprofits?

Unrelated business income is income generated from activities that are not substantially related to a nonprofit's tax-exempt purpose. Nonprofits may be subject to unrelated business income tax (UBIT) on such income. To maintain tax-exempt status, nonprofits must carefully manage unrelated business income and ensure that it remains a relatively small portion of their overall revenue. UBIT is calculated based on the net income generated from unrelated business activities.

How are nonprofit donations and contributions taxed?

Donations to 501(c)(3) nonprofits are generally tax-deductible for individual donors. Nonprofits must provide donors with proper acknowledgment and receipts to substantiate their charitable contributions. These acknowledgments must include specific information, such as the amount of the donation and a statement that the organization is tax-exempt. Nonprofits should also maintain accurate records of donations and their use for transparency and compliance with IRS regulations.

Are there reporting requirements for nonprofits?

Yes, nonprofits are required to file annual information returns with the IRS, such as Form 990 or Form 990-EZ. These returns provide financial and operational information about the organization, including details about revenue, expenses, and governance. Failure to file these returns can result in penalties and, ultimately, the loss of tax-exempt status. State and local governments may also have reporting requirements that nonprofits must adhere to.

What happens if a nonprofit loses its tax-exempt status?

If a nonprofit loses its tax-exempt status, it may become subject to federal income taxes on its earnings. Additionally, donors may not be able to deduct contributions made to the organization, which can significantly impact fundraising efforts. To regain tax-exempt status, nonprofits must address the issues that led to its loss and reapply with the IRS or relevant state authorities, depending on the circumstances. It's essential to take corrective action promptly to restore the organization's tax-exempt status.