what happens if you can't get the end of year statements out by January 31st
We sent most of the statements out by the end of January; however, some statements were sent out in February and unfortunately, a few were sent out the 1st week in March.
Can we get in trouble? Is there a law that states that all Church Contribution Statements must be out by January 31st? (Answer) There is no law that says you have to have your annual contribution letters out by a certain date. Most churches just try to get them out by January 31st, so their members would have them for their tax preparation. In my experience, if a member needed it early for their taxes, they will ask for them. Hope this helps, Church Accounting Package www.freechurchaccounting.com
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