Sixteen years ago Bill Clinton rode into the White House on the strength of this slogan: “It’s the economy, stupid!” What this meant to Clinton campaign workers was that if they focused on the “worsening” economy, the Presidency was theirs. Because Americans can usually be counted on to vote their pocketbooks, the strategy worked perfectly. […]
State requirements for exempt organizations vary from state to state. In Texas, a charitable organization can apply for exemption from sales tax paid on purchases and franchise tax. The application can vary depending on the type of organization. The exemption is granted based on the organization’s federal exemption. Click here for a link to the […]
Many churches have long-term debts, such as a mortgage, that have variable interest rates associated with them. There is much uncertainty that comes along with paying variable interest rates on large amounts of debt over 20 to 30 year periods. Entering into an interest rate swap is an option available to churches that can help […]