by Ekin Tran
(Houston)
I have a question regarding Envelopes for Cash Contributions. My church provides envelopes for Cash offering, but some people they do not want the church record their names and contributions, so do they still need to put their offerings in envelopes for IRS purpose? Or are envelopes needed for only people who want their contributions recorded for tax deductible purpose?
Thank you for your help,
Ekin Tran
Answer
Envelopes are for the convenience of your church members. If you receive a contribution in an envelope, you should record it, but not everyone who gives their offerings in an envelope is doing it for a tax deduction :-) Make sense?
Hope this helps,
Church Accounting Package
www.freechurchaccounting.com
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1Comments
Do the tithe/offering evelopes need to be kept.
KKathy Butler
Vickey's reply:
According to Richard Hammar, an attorney, CPA: Keep for at least 6 months after you issue your donors periodic (i.e., quarterly, semi-annual, or annual) summary of contributions, and include in this summary a statement similar to the following: "Any documentation, including offering envelopes, that the church relied upon in preparing this summary will be disposed of within six months. Therefore, please review this summary carefully, and inform the church treasurer of any apparent discrepancies within six months of the date of this summary."