-
Recent Posts
Recent Comments
Archives
Categories
Monthly Archives: April 2010
Reimbursement Policy
A church or non-profit needs a reimbursement policy for business and tax reasons and for the purpose of claiming and reimbursing professional or business expenses. While rules for churches and non-profits may differ in many other tax related categories due … Continue reading
Posted in Fund Accounting, Tax
Tagged Church, Fund Accounting, how to, how-to other, Nonprofit
Leave a comment
Great Resources
When my husband and I initially began our non-profit, I began to familiarize myself with as many of the fund accounting words, terms, definitions, and processes as possible. While this is not my reading of choice, the understanding of terminology … Continue reading
Pastoral exemption – Form 4361
Two rules have caused a great deal of confusion for minister’s coverage of Social Security. First, “ministers always are self-employed for Social Security with respect to their ministerial services. This means they pay the self-employment tax, not “Social Security” and … Continue reading
Posted in Church, Compensation, Legal, Payroll, Tax
Tagged Church, Filings, how-to other, Tax Exempt
Leave a comment
Advice for Church Planters – Part 3 (Your Finances)
Every church planter must have a plan in place and know where all the money goes. The type of church you plan to start influences the money necessary to begin. Two of the most challenging tasks a church planter will … Continue reading
Advice for Church Planters – Part 2 (Your Leadership)
I love lists. And – I love lists that encourage personal self-assessment. For those of you in the beginning stages of planting a church, evaluating your gifts and experiences is necessary and provides a proper perspective. The following information was … Continue reading
Advice for Church Planters – Part 1 (Your Character)
I would like to switch gears for a bit and shift away from the typical church and non-profit fund accounting information. For many embarking on the journey of planting a church, some of the most valuable lessons learned may be … Continue reading
Posted in Church
Tagged Church, Church Plant, Fund Accounting, how-to other, Nonprofit
Leave a comment
Tax Guide for Churches and Religious Organizations
I am posting a link to an IRS document filled with great information about church and religious organization’s tax laws and obligations. Below are some of the topics covered. You can click on the link for a comprehensive look. http://www.irs.gov/pub/irs-pdf/p1828.pdf … Continue reading
Validating Contributions
Proper fund accounting procedures are crucial to maintainng your 501(c)(3) status as a church or non-profit. More specifically, contribution management and the rules defined by the IRS are important to understand, so that your organization’s record keeping not only keeps … Continue reading
Posted in Contributions
Tagged Aplos, Church, Contributions, donor, Fund Accounting, how to, Nonprofit, Tax Exempt
Leave a comment
Advertising as a Nonprofit but not a 501(c)(3)
Because 501(c)3 status approval may take a few months, I thought it might be helpful to clarify some terms. I found a great question posed by “Nonprofit and Church Law Ministries, Inc.” a nonprofit, 501(c)(3) organization, whose purpose is to … Continue reading
Posted in 501(c)3, Non-profit
Tagged Church, Contributions, donor, Nonprofit, other, Tax Exempt
Leave a comment
Facebook
Twitter
Linked In