Learn what you can do now to lead your church to financial health. We will share some of what we’ve learned in over 20 years of advising nonprofits and churches,…

Does your nonprofit or church need some advanced budgeting tips? We can help with that. Organizations create budgets for a variety of reasons. The bank might require a budget prior…

Do you know the terminology for nonprofits? This nonprofit glossary contains important terms that will help you navigate your responsibilities. 501(c)(3) The 501(c)(3) is a section of the Internal Revenue…

This article was an interesting one to write. The more I tried to answer whether pastors are self-employed, the more questions I realized I had. And the more fundamental they…

Did You Know? Prior to the mid-1980s, church pastors and clergy were considered self-employed. Today the IRS declares pastors employees of the church, but they now have a mandated dual…

Churches are complex organizations that need special church financial software to help them make decisions and demonstrate transparency. The best church accounting practices start with a fund accounting system that…

Do nonprofits pay taxes? In short, the answer is both yes and no. For the most part, nonprofits and churches are exempt from the majority of taxes that for-profit businesses…

Any organization that meets the filing requirements is required to complete 1099s, regardless of tax-exempt status. Form 1099 is a required IRS report that documents the amount of certain types…

Have you ever posted a journal entry in your accounting for your nonprofit and then went back later and wondered, “Why did I do that?” It’s not that uncommon, so…

Intro To Nonprofit Accounting: Lesson 7 In the final lesson of this series, we will take a look at the nonprofit accounting standards your accounting system needs to adhere to.…