Posts

5 Reasons Why a 501(c)(3) is a Good Idea for Churches

Many churches view having a 501(c)(3) as being ‘worldly.’…

Be on the Lookout for Excess Benefit Transactions

When transactions occur that are unrelated to direct payment,…

Financial Transparency for Schools

One of the purposes of the Form 990 is transparency for nonprofit…

What to do if tax exempt status is revoked

I received a question from Brenda in Michigan, and I think that…

How integrated auxiliaries can protect your church from liability

Thanks to Ryan Peak, Staff Counsel of Asiatico and Associates…

6 Ways for Nonprofit Organizations to Benefit from QuickBooks

QuickBooks is a popular and efficient accounting tool for all…

Setting Standards for Compensation – A Helpful Resource for Ministries and Churches

The Evangelical Council for Financial Accountability® (ECFA)…

When a Donation Isn't a Tax-Deductible Donation

Donors who contribute to tax-exempt 501(c)(3) organizations want…

5 Taxpayer Relief Provisions related to Tax-Exempt Organizations

The American Taxpayer Relief Act of 2012, the one enacted to…

Acknowledging donors and prize winners

The IRS is very specific about the way that tax-exempt organizations…