Labor Organizations or more commonly, labor unions, are organizations that act in the benefit of their members. There are positions that run the organization and an executive board that brings new ideas for improvement to its members. Ultimately members are responsible for being proactive and ensuring that the funds garnered through donations, fundraisers, and member dues are spent wisely. These funds generally go towards providing resources to members in times of emergencies, furthering member education and training, legal assistance, and collective bargaining.
On top of all of the details a labor union is responsible for they must also keep perfect financial records of monies received and spent…down to the penny. Islip + Company has been a leader in the world of labor union finance. We specialize in accounting services for labor unions and recognize that every labor union is going to have different needs and goals so we will work with your organization to provide first class tailored accounting services. We specialize in audit and accounting services for labor unions. We can create the necessary procedures, systems, and controls to help your union run efficiently. Some examples of the services we offer include, but are not limited to:
1) Bookkeeping Services for Labor Unions
2) Financial Statement Preparation
3) Payroll Processing
4) Advisory Services for Labor Union Management
5) Guidance in accordance with the regulations of your board, the Department of Labor, the Internal Revenue Service, the Franchise Tax Board, and your international union office
6) Dues Management
As always, we work in compliance with all rules, regulations, and requirements established by the Internal Revenue Service and the United States Department of Labor. We understand that labor organizations have very complex requirements that must be met. As the result we provide thorough, detailed services and we are ready to meet and exceed your expectations and desires.
Islip + Company – Sacramento area CPA specializing in accounting, advisory, and bookkeeping services for labor organizations. Contact Us or give us a call (916-488-1900) today!
Labor is our Specialty
Islip & Co. has long been respected as a leader in the field of labor union management accounting. We understand the issues facing labor union management and we know that each collective bargaining agreement is unique. We are confident that we can quickly gain expertise in yours, and then create the necessary procedures, systems, and controls to help your union run efficiently and you perform best as business manager.Your first source for sound advice
Our founder, Lloyd V. Islip, began this firm in 1958, dedicated to the success of his clients with the philosophy of personal involvement as a tenet of the practice. And, 52 years later, that tenet still rings true. Together with his son, Patrick Islip, CPA, and their professional associates, they have more than 100 years of combined experience helping businesses increase cash flow, minimize tax liabilities, manage regulations, keep accurate books, and run effectively and efficiently.Comprehensive Labor Union Services
Included in our complete service mix are the following:
As you can see, we will do more than complete forms for you. We have the knowledge and the experience to help your labor union and its workers achieve and maintain continued growth and prosperity — and keep you in line with the multitude of regulations you face daily.