Does your church have a coffee shop? Many churches have found that coffee shops are a great way to increase fellowship at their churches. Often times, PSK is asked about the tax and accounting issues that come along with coffee shops. These are great questions! Nonprofit organizations can be taxed on dollars that are earned […]
At our most recent monthly breakfast for church business administrators, Lawrence Swicegood offered great info on Crisis Management. He runs Clarion Call Marketing. Very insightful! Everything from how to be prepared even before a crisis erupts, how to handle and how to do a "post mortem." Topics, in outline form: Everyone is Affected by a Crisis […]
Last week, we had a presentation here at PSK on this topic! Homeland Security and the Patriot Act are musts when thinking about your church's Mission Trips. Steve Tiemann was our speaker. He is an attorney who has lots of experience both as a lawyer and as a church member in this area. Main points […]
As part of your year-end payroll processing tasks, you might have a question or two about reporting minister's earnings and allowances on Form W-2. Maybe, you just need a refresher. Here are the general topics that we receive questions about. Salary – Salary paid to minister is reported in Box 1. Federal Withholding – May […]
Our clients keep us on our toes! Because we encourage them to call us when they have a problem and we generally don’t charge for phone calls, we get a steady stream of questions posed to us by our clients and friends. Most of the questions are quite routine, dealing with things common to all […]
It is getting to be that time of year to prepare for your year-end payroll processing. Have you ever been a lucky recipient of a letter from the Social Security Administration stating that you have reported incorrect names or social security numbers on your W-2's? Do you have a process in place to ensure you don't receive […]