Category: Accounting
-
How Local Businesses Influence the Economy of Burley
Introduction to Local Businesses in Burley Burley, a vibrant town nestled in the heart of the countryside, thrives on its diverse local businesses that significantly contribute to the community’s economic development. These enterprises not only create jobs but also enhance the local economy, proving to be a resilient pillar in times of fluctuating economic trends.…
-
Jak personalizacja oferty w NVKasyno zmienia doświadczenia graczy
Wykorzystaj techniki data science, aby zwiększyć retencję graczy i dostosować doświadczenia użytkowników. Analiza danych o zachowaniach klientów pozwala na lepsze zrozumienie ich preferencji, co prowadzi do bardziej trafnych rekomendacji i ofert. Dzięki integracji sztucznej inteligencji w procesy decyzyjne, kasyna mogą stosować algorytmy, które analizują ogromne ilości informacji w czasie rzeczywistym. To umożliwia dynamiczne dostosowywanie podejścia…
-
Tips to start your next year budget planning
Well it’s June. Summer schedules are getting into full swing, a time for vacations, barbecues and VBS. As we mentioned last week in the article Preparing for the summer cash flow lull, now is the time to plan and budget for what often are lower income months for churches. This is also the perfect time…
-
IRS Announces New Mileage Reimbursement Rates
Since most people aren’t anxiously waiting news and updates from the IRS, you like many others may have missed the changes the IRS made to the mileage reimbursement rates for 2013. Starting January 1, the IRS has increased the rate of reimbursement by $0.01 for mileage driven for church-related business purposes. Being aware of this…
-
Only 6 Sundays Left…
Only 6 Sundays Left… Before the end of 2011. Pastor, now is the time to begin to remind member’s that their donations must be received by December 31st to be counted in this giving year. December 31st this year is a Saturday. What are you doing to encourage year end giving? Let me suggest five…
-
Church Accounting Internal Controls
I just received a link to a news article in the Gaston Gazette from a friend about a couple that embezzled $200,000 from their church. [quote] Oh, that won’t happen to us, Mrs. Smith has been keeping our books for years and she is such a nice lady.[/quote] Unfortunately, that’s what this church thought as…
-
Church Financial Backup & Recovery Plan
Have you given thought to what would happen if your bookkeeper got sick or had to be away for an extended period of time? What if heaven forbid something devastating happened to your facility? Do you have sufficient backup & recovery plans in place for your church? [quote]We have a seamless…
-
Budget on Faith, Spend on Reason
For many churches, we are coming into the season when it is time to start planning for the upcoming year. That planning includes setting a budget on how to allocate the resources God has provided the church. There are no churches that should be operating without a budget. Even churches that think they are too…
-
A Tax Credit for Churches?
The health Care Reform law has some provisions for churches to take advantage of a tax credit for health care premiums paid to employees. There are several contingencies required and it definately benefits smaller organizations but the video is worth watching. The credit is payable in cash since churches generally do not pay taxes. Check…
-
Ministers Housing Allowance Possibly Under Attack
In an article orignally posted on www.christianpost.com, Stephanie Samuel discusses how a current court case could affect how churches can compensate pastors pre-tax through the use of a housing allowance. An atheist group is presenting the lawsuit claiming that ministers are unfairly allowed to not pay taxes and the remainder of tax payers are picking…