See the church accounting blog below for questions, answers, and tips from church AND nonprofit staff and volunteers.
Please use the "Site Map" or "Site Search" (links to both are at the top of the home page) BEFORE submitting your own question as there are THOUSANDS of Q&A in this FAQ section and you can probably find the answer to your questions much quicker that way =) Plus... I won't post the same questions over and over again.
NOTE: Please consider adding a reply/comment on some of the readers' post below. My husband is having some medical issues and I am not able to reply to all of the questions that my awesome readers submit.
Do not worry about being "expert" on the subject matter! We love hearing your suggestions, advise, and past experience on the subject.
All of my readers know that they should always "research" for themselves or SEEK the ADVICE of a professional before taking the word of everything they read on the internet as I "remind" them of that very important fact in almost all of my replies =)
But many times, hearing how someone else has handled a similar issue, is a great help!
If a minister is employed full-time with another job and receives a $500 housing allowance from the church, he pastors, would he receive a 1099 and or
Our Pastor received a Christmas bonus under $200.00. Do I put the full amount on his W-2 since no taxes were taken out? He qualifies for his regular salary
If the housing allowance is on the W2 do I still need to give them a letter for the amount of the allowance?
Our Pastor's salary this year has been designated to Housing Allowance. Will his Christmas Bonus go on a W-2 even if it's only a small sum? Thanks, D
What contributions can the church make to individuals under an alms program? (i.e. payments for Food, housing, etc).
If a pastor is experiencing high medical costs not covered by insurance and the Board wants to provide them a small love gift (< $3,000) to show support
I went through the process of of the sales receipt and bank deposit to account for on-line processing fees. But when I run a Statement of Activity by
A pastor of a small church the He pioneered. He only receives a honorarium each month. Is he required to file a w-2?
The pastor lives in a church provided parsonage. The church pays for the utilities (not transferred to the pastor's name). Let's say the pastor is paid
1. Can the Church pay the minister’s rent directly to the landlord? (This question applies for the state of Virginia) 2. In what cases is permitted that
Our church has a Women's Group that collects money. Usually, from this money, we send checks to friends/family for wedding gift, baby shower gift, etc.
Is it legal to contribute to the 401k of a retired pastor for the church?
Can a church volunteer about to receive a 1099Misc form choose to donate it back to the church to avoid receiving a 1099-Misc?
I'm a volunteer at a small church helping with finances and in reviewing the books I noticed the Pastor is having SS and Medicare taxes withheld from the
How do you record a donation of items purchased for an expense. (cash basis, quickbooks intuit desktop) Someone gave me a list of items purchased for
Our church is going through mold remediation. Our total restricted earmarked funds are currently at $65,000. I know how to handle restricted funds.
A local church receives donations to provide for an associate pastor in the future. Are these tax-deductible? A local church used a limited-term grant
Can I put a disclaimer on contributions that they can not be refunded?
How should you treat a board approved amount of funds to be given to the pastor? The church does not have an existing plan, but will give pastor a certain
Our assistant pastor receives is a bi-vocational licensed minister. His monthly compensation is $1,000 per month ($500 designated as salary, and $500
I retired the first week in January of 2023. The church took up a love offering and sent me a check for $27,800 which was collected from the members of
When the last day of the month is Sunday, do you include the offering in that month or the next. The deposit in the bank will be posted for the next
I can’t find good source that explains the does and don’ts on what is allowable when providing food at church events paid for from church funds. Pizza
Are churches still required to maintain paper or digital records of contributions? i.e. copies of checks, OR do the records of church and annual statements
I WOULD LOVE TO KNOW WHERE YOU CAN FIND THIS INFORMATION FOR LEGAL PURPOSES YOUR THEORY ON BI-VOCATIONAL MINISTERS ALL THEIR WAGES GOING INTO HOUSING.
An existing church empoyee becomes ordained as a minister in the middle of the year. I understand that a housing allowance can be established mid year,
Our church hosts a golf tournament that raises money for four specific mission organizations. A “hole sponsor”, giving a $100 gift, has a sign posted
Is it possible for the church to pay long term care premiums for a minister as a fringe benefit?
My church reimburses our Pastor for health insurance premiums paid through his wife's employer, which is a tax-free benefit under their cafeteria plan.
Is a benevolent payment made prior to an employee's start date taxable if that payment occurs in same calendar year as becoming an employee of the church