The church should do everything in its power to safeguard its reputation by putting measures in place to prevent any appearance of impropriety. These controls will also serve to preserve […]
MANAGING CHURCH FINANCES: COUNTING OFFERINGS 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 […]
Belinda Whitfield, Certfied Public Accountant | TAX DEADLINES
ON 5/15 THOUSANDS OF NON-PROFIITS WILL LOSE THEIR 501C3 STATUS That’s right, many organizations will get their 501c3 status revoked by the IRS with an effective date of 5/15.Why? Because […]
MANAGING CHURCH FINANCES: COLLECTING OFFERINGS 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 […]
MANAGING CHURCH FINANCES: CHOOSING USHERS WISELY Choose Ushers Wisely – Here are tips on screening, selecting and training ushers on handling money. Your ushers are at the heart of the internal […]
In looking at systems of internal control needed in the handling and managing church finances, we need to examine the control measures needed during the actual collection other of the […]
Let’s look at how we can set-up church accounting guidelines for handling of the church finances. In the accounting world we refer to this as internal controls. One very common and […]
The Internal Revenue Service issued the 2014 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on […]
Is your church or ministry issuing IRS compliant contribution statements?Imagine what would happen if your pastor’s tax return or a member’s tax return was audited and the IRS requested supporting […]
I’m going to give you this really simple – well kinda simple checklist to get your 501c3. It’s not all inclusive, but its here just to give you an overview […]