Nonprofit and Church Accounting Blog
This accounting blog...
- informs you when any new web pages appear on my site,
- shows you the latest question, comment, or tip posted by readers...(please feel free to browse the questions below and answer the ones you feel comfortable answering),
- let's you know when an error is found in my free financial spreadsheets and how to correct them.
Aug 10, 2019
Gift for Volunteer Elder
We have an outgoing volunteer elder/pastor. We thought it would be nice to gift him with $2,500.00 gift. This would come out of our general fund. So,
Aug 10, 2019
Required Love offering
My organization uses a church building that is offered to us for free. My organization REQUIRES each family to pay a set amount twice a year as a love
Aug 10, 2019
401K donation earmarked to pastor
An individual is having his 401k make distributions to a church in order to take a charitable contribution but not pay income tax on the distribution.
Aug 10, 2019
Housing Allowance Change in July
Our church has semi-annual business meetings--one in January and one in July. In the July business meeting in 2019, it was recommended that the pastor's
Aug 10, 2019
Question
How is the best way to handle and record one time large gift. We need to separate it from our regular giving so it does not inflate our future budgeting.
Aug 10, 2019
collecting SSDI and taking a Sr. Pastor Position do I have to report Housing allowance
I have been collecting SSDI for 20 years, I have Muscular Dystrophy, I was asked to take over as Sr. Pastor of a small church. The church wants to pay
Aug 10, 2019
Retired pastor receives gift from church.
Church donates a home to retiring pastor, what are the tax consequences to him?
Continue reading "Retired pastor receives gift from church."
Jul 05, 2019
Need help completing pastor compensation contract correctly.
We are paying our pastor a salary and giving a housing allowance. On the contract, do we add both amounts to arrive at his total income or do we only include
Continue reading "Need help completing pastor compensation contract correctly."
Jun 30, 2019
Can you pay your pastor's housing allowance if he does not actually receive a paycheck from the church?
Is the pastor still considered an employee of the church if he does not receive a salary, and if he is considered an employee of the church can he be paid
Jun 30, 2019
Retirement Plan Contributions
Can a church contribute to a private-owned retirement plan of its pastor without reporting/filing the contributions to the IRS or DOL?
Jun 30, 2019
Housing Allowance, Social Security, Medicare
What if a church pays a housing allowance, withholds social security and Medicare and match both social security and Medicare? Should the church stop withholding
Continue reading "Housing Allowance, Social Security, Medicare"
Jun 30, 2019
Maintained separate accounts for clergy
If the church maintains a separate operating account and an account for the clergy, and upon donation the donor specifies a certain percentage to the operating
Jun 11, 2019
Ministry items bought by church for members to purchase
Our Women's ministry occasionally buys tshirts, crafts, books, etc. and then they are made available for purchase by the members. When they pay for these
Continue reading "Ministry items bought by church for members to purchase"
Jun 11, 2019
Remodeling and Pastor's Housing Allowance
I am in the process of remodeling an old house for my wife and me to live in for retirement. I am presently serving a small rural congregation. The
Continue reading "Remodeling and Pastor's Housing Allowance"
May 27, 2019
Donations for flowers
Donations for flowers. Our church has envelopes at Christmas and Easter for purchase of flowers for the church most of which is not spent. Since envelopes
May 27, 2019
100% of church pay is housing allowance. So how do I report mileage?
My church is very small. Both my pastor and I (assistant) are paid housing allowances, but no salary. Our housing allowances are less than our annual
Continue reading "100% of church pay is housing allowance. So how do I report mileage?"
May 10, 2019
Reimbursement of Church Expenses
We received donations from church members for a reimbursement of a mission leader appreciation dinner. I do not know how this should be added to QBO!
May 10, 2019
Staff Raised Support
I am the book keeper for our church and we have a staff member who raises his support through the year. How can I create a paycheck for him in Quick
May 04, 2019
Qualifications as a "minister" per IRS/Tax definition and Housing Allowance
I am a pastor of a Church through a recognized denomination. I will be installed (commissioned?), however I am not ordained. From what I understand,
Continue reading "Qualifications as a "minister" per IRS/Tax definition and Housing Allowance"
May 04, 2019
Can Renovation Expenses be included as part of a Housing Allowance?
Can a Minister include renovation expenses as part of her Housing allowance? Should she use the higher estimate or the lower estimate of the planned renovation?
Continue reading "Can Renovation Expenses be included as part of a Housing Allowance?"
May 02, 2019
Housing Allowance and Minimum Wage Requirements?
I see a lot of questions here related to clergy housing allowances and how much should and/or can be applied for a clergy's compensation. My question
Continue reading "Housing Allowance and Minimum Wage Requirements?"
Apr 23, 2019
Do I include the pastor in the "Number" of employees on line one or do I just include the non-clergy employees?
We have only 1 employee in our church, the secretary. The pastor is self-employed, but elects voluntary withholding. When completed my 941, do I only
Apr 23, 2019
Reporting Housing Allowance
I agree with your reasoning. Are ministers to receive a W2 with only housing allowance listed in Box 14? I did read the answer to this question in a submission
Apr 17, 2019
Vickeys Bookkeeping Services for Churches
Vickeys Bookkeeping services include bookkeeping for churches and small nonprofits. Contact for more details on our 3 different customizable levels of services.
Continue reading "Vickeys Bookkeeping Services for Churches"
Apr 13, 2019
How to report 100% Housing allowance
If a church were to pay its pastor a small amount and designate it all as housing allowance, such as in your $500 / month example above, how would it be
Apr 13, 2019
Moving monies between funds
Thank you for all of your help using QB within a church. We have been using QB for a couple of years. My question: we recently moved monies out of
Apr 13, 2019
where do I place housing allowance on my IRS form
Where do I place my housing allowance deduction on my IRS form as it is included in my salary?
Continue reading "where do I place housing allowance on my IRS form"
Apr 13, 2019
The church pays the half of the pastor's tax.
My church pays half of the taxes of the pastor quarterly. I know the financial support for his tax from the church should be added to his income. What
Continue reading "The church pays the half of the pastor's tax."
Apr 13, 2019
Sweep Account set up in QUickBooks
Can anyone please explain how you have set up a sweep account in Quickbooks? I had found through some research, that it was to be set up as a sub bank
Mar 31, 2019
How to Spot Bookkeeper Errors for a Church or Nonprofit Organization
Bookkeeper errors are hard to spot for many church administrators. See what to look for to know if your bookkeeper is keeping your books correctly.
Continue reading "How to Spot Bookkeeper Errors for a Church or Nonprofit Organization"
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