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Hurricane Harvey
Our thoughts and prayers are for the millions of people affected by this terrible storm. The only silver lining is watching everyone come together to help one another. Being in North Carolina, I'm too far away to take a boat to help like all those brave volunteers, so I called my family and friends in the San Antonio and Austin areas and asked, "What can I do?". They said the Catholic Charities USA teams were already mobilized, working, and completing needs donations. I'm sure many of you may also know local charities in the Rockport and Houston areas that could...
The IRS is Noticing the Sharing Economy
If you are earning money by ride sharing, renting rooms, and other "Sharing Economy" ways, the IRS is paying attention. From IRS.gov: If you use one of the many online platforms available to rent a spare bedroom, provide car rides, or to connect and provide a number of other goods or services, you’re involved in what is sometimes called the sharing economy. An emerging area of activity in the past few years, the sharing economy has changed how people commute, travel, rent vacation accommodations and perform many other activities. Also referred to as the on-demand, gig or access economy, the sharing...
Preventing Financial Fraud-Radio Interview with Brad Segall of the Philadelphia Agenda
Enjoyed my radio interview with the Philadelphia Agenda's Brad Segall earlier this month. We discussed the risks of fraud for nonprofits and churches and what can be done to stop it. Listen in and see what you think! http://wogl.cbslocal.com/2017/01/18/philadelphia-a...
Get QuickBooks Desktop or QuickBooks Online almost for Free at Techsoup.org
Don't forget. Qualifying nonprofits and religious organizations can receive QuickBook Premier Nonprofit edition or one year of QuickBooks Online for a small handling fee. To see if you qualify, go to Techsoup.org for more details. And if you decide to use QuickBooks, learn how to set it up efficiently for your nonprofit or church with: Using QuickBooks Online for Small Nonprofits & Churches QuickBooks for Churches & Other Religious Organizations or Using QuickBooks for Nonprofit Organizations, Associations, & Clubs.
1099s- Get free forms from the IRS
IRS Form 1099 is required to be sent to independent contractors of your business or organization if they were paid more than $600 for the year. For details on who is and who is not considered an independent contractor, check out my book, Church Accounting-The How-To Guide to Small & Growing Churches or go to www.IRS.gov. If you only have a few to send out and don't want to pay for a package of 50 at the office supply store, go to www.irs.gov/businesses/online-ordering-for-information-returns-and-employer-returns to order the forms for free directly from the IRS. You will have to fill them out manually, so if...