Month: January 2009

Just got a call that most every church bookkeeper receives most every year.  At issue: how do I figure out in which period to post contributions received at year-end? Answer: charitable contributions must be applied to the year in which they are delivered.  One exception is when the check is mailed: it is applied to the […]

In order for a Church member to claim a tax deduction for a cash donation in excess of $250, they must obtain written documentation from the Church acknowledging the gift. The acknowledgment from the Church must include a statement that the Church member didn't receive anything in exchange for this gift except for intangible spiritual benefits.  Canceled checks or bank […]