by Battershell Nichols & Blum | Jan 15, 2025
A growing trend for churches and ministries that own their property is the renting of parking spaces to others outside their organization. Whether the rented parking spaces are for periodic or 24/7 usage, there are tax consequences that come with these income...
by Battershell Nichols & Blum | Dec 4, 2024
Are you up to date on IRS compensation reporting rules to complete necessary forms for the IRS? In our next webinar, we will provide detailed explanation to help you report compensation to the IRS on both Form W-2 and Form 1099-NEC. As part of this webinar, we will...
by Battershell Nichols & Blum | Oct 10, 2024
Giving is a topic many people are not comfortable hearing or discussing. Even many pastors avoid teaching about giving because it makes them uncomfortable. This is unfortunate since the Bible has many teachings and references to giving. As we face a potentially...
by Battershell Nichols & Blum | Feb 2, 2024
Owning and using a church parsonage or rectory has both federal and state tax implications for the church and the tenants who reside there. The rules are not always clear but are essential to understand when planning out the use of these dwellings. We will be...
by Battershell Nichols & Blum | Oct 29, 2020 | Nonprofit Accounting
Free Consultation When it comes to finances, one of the best tools to measure the accomplishment of your values and purpose is a budget. In simple terms, it is an exercise of forecasting money coming in and money going out. The problem is, most organizations either...
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