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IRA distributions are treated differently for tax purposes (for the donor) and should not be lumped together with regular contributions. This document provides more information about how to acknowledge those […]
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The primary concern in this issue is where is the pastor’s primary work location? Home office: If the primary location is a home office, then all business mileage from that home office […]
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North Carolina law does not exempt nonprofit organizations from payment of sales and use tax on items they purchase for use. However, G.S. 105-164.14(b) provides for semiannual refunds of sales […]
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Churches sending acknowledgement letters to their donors should remember the following substantiation requirements held by the IRS. Please reference IRS Publication 1771 for more information on record keeping rules and what to include in […]
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While Congress has repealed the expansion of the 1099-MISC reporting beyond unincorporated business through the passing of a bill titled H.R. 4 (for more information, see “President Signs Repeal of Expanded 1099 […]
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No, a check received in January should be considered a current year contribution. According to the IRS, contributions should be deducted in the year delivered. If a check is hand […]
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NC Conference of
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Garner, NC 27529
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