Church and Non-Profit Start-up and Finance Tips

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Tracking Financial Transactions for New Ministries

by Belinda Whitfield|Internal Controls, Videos

Belinda Whitfield, CPA a few quick tips for keeping track of non-profit expenses for new ministries. Video Transcript: Tracking Financial Transactions for New Ministries Okay. As you're working through this...

[Q & A] Is Benevolence Taxable Income?

by Belinda Whitfield|Open Q&A, Videos

Belinda Whitfield, CPA explains how to report benevolence payments or assistance to the needy.

Payroll Tax Deposit Due Dates

by Belinda Whitfield|Tax Deadlines, Tax Reporting

Updated 10/15/19 If your church or ministry has employees, you are required to withhold payroll taxes and make payroll tax deposits on a regular basis. Most organizations are monthly depositors....

Managing Church Finances: Altar Offerings

by Belinda Whitfield|Internal Controls

[Q & A] Tax Breaks for Ministers With No Housing Allowance?

by Belinda Whitfield|Open Q&A, Videos

Find out whether there are any housing related tax breaks available to a minister that doesn’t receive a housing allowance. Video Transcript: Hi, Belinda Whitfield and today is open Q&A day...

[Q & A] How to Report PayPal Transactions on Your Books

by Belinda Whitfield|Open Q&A, Videos

Video Transcript Hi, I'm Belinda Whitfield and today is Open Q and A Day. Today I'm taking a questions from my inbox. My writer writes: "Hi, Belinda. Our company has...

Managing Church Finances: Collecting Offerings for Guest Speakers

by Belinda Whitfield|Internal Controls

Posted on June 23, 2015 by Belinda Whitfield in Internal Controls The church should do everything in its power to safeguard its reputation by putting measures in place to prevent any appearance...

Managing Church Finances: Counting Offerings

by Belinda Whitfield|Internal Controls

Internal controls need to be in place for managing the collection, counting offerings for worship services and Sunday School. Do remember that these procedures or control measures are to safeguard...

On 5/15 Thousands of Non-Profits Will Lose Their 501c3 Status

by Belinda Whitfield|Tax Deadlines

That’s right, many organizations will get their 501c3 status revoked by the IRS with an effective date of 5/15. Why? Because they did not file a 990 return for three...

Managing Church Finances: Collecting Offerings

by Belinda Whitfield|Internal Controls

We are on to another area of systems of internal controls for managing church finances. Let’s focus now on the collecting offerings. This function is carried out by the ushers. ...

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