After working with several churches recently I found an interesting trend that I wanted to share. As we were preparing budgets for the upcoming year, we found that most of the churches initial draft contained most of the line items from the previous year with an adjustment for the upcoming year. While this is exactly… Continue reading Budget for Contingencies
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… Continue reading IRS Announces New Mileage Reimbursement Rates
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