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Monthly Archives: July 2015

Time to get it right: Independent Contractor vs. Employee

Worker classification is always important to the IRS. But now the DOL is turning up the heat by joining with Read More >>

Vacation home rentals – Take care of business with pleasure

Owning a second home provides an opportunity for fun getaways or investment income – and often both. Before tax time Read More >>

Record-Keeping Nightmares – Taxable & Non-Taxable Fringe Benefits

Personal use of a company cell phone – not taxable. Taking kids to school in a company vehicle – taxable. Read More >>

How to Give Tax-Free Gifts for Big-Time Expenses

College tuitions can break the bank of most families. The 2014-2015 average moderate college budget for an in-state public college Read More >>

The Church Network Tradeshow

Recently, Bill Sims and Becky DaVee exhibited at the national conference of  The Church Network tradeshow held in Nashville. The Read More >>

7 Ways to Get the Highest Price for Your Business

Selling your business is never an overnight decision. Many factors enter into the decision – career timing, business cycles, family Read More >>

Short Term Mission Trips – 5 Rules about Record Keeping

Short term mission trips, especially in third world countries, bear a financial responsibility to ensure that funds are used for Read More >>

Short Term Mission Trips – 5 Rules about Fund Raising

Churches bear many responsibilities behind the scenes of planning, packing, and serving on short-term mission trips. One of the most Read More >>

Short Term Mission Trips – 7 Rules about Charitable Travel

The tax deduction for mission trip charitable travel isn’t as simple as it sounds. Churches have responsibilities, and also need Read More >>

5 Principles to Avoid Conflicts of Interest

When an organization seeks IRS approval to be a tax-exempt organization the IRS asks specific questions regarding the existence and Read More >>