This accounting blog...
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,
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
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.
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
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.
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
Church donates a home to retiring pastor, what are the tax consequences to him?
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
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
Can a church contribute to a private-owned retirement plan of its pastor without reporting/filing the contributions to the IRS or DOL?
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
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
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
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
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
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
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!
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
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,
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?
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
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
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
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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
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
Where do I place my housing allowance deduction on my IRS form as it is included in my salary?
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
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
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.