Our church owned a rental that was losing us money each month. We sold the property, also at a loss, but at least are not losing more money each month. Do we carry the loss until we have paid it off or can it be legally removed?
Join in and write your own page! It's easy to do. How? Simply click here to return to Church Accounting FAQs.
If you want to DIY your payroll, I highly recommend you look at using Gusto! It is very user friendly and their support is awesome! Plus they know how to set up and maintain payrolls for churches and nonprofit organizations.
Note: I am a "partner" of Gusto, but as I have told you before ... I never recommend anything that we or our clients have not tried and love =)