Bruce Nuffer

Showing the single result

• 

  Church Treasurers Manual

  $49.99

  CONTENTS
  Introduction
  1 Responsibilities Of The Church Treasurer
  Separation Of Financial Responsibilities
  Guidelines For Handling Church Offerings
  Acknowledging And Reporting Charitable Gifts
  Quid Pro Quo Disclosure Requirements
  Suggested Steps In Handling Expenditures
  Should You Computerize Your Church’s
  Financial Records?
  2 Payroll, Employees, And Ministerial Compensation
  Who Is An Employee, And Who Is A Contractor?
  Employees
  Contractors, Employees, And Ministers
  Employees (Other Than Clergy)
  Clergy
  What If We Do Not Withhold And Report?
  What If We Are Not Sure Which Employment Relationship
  Exists?
  10 Steps To Preparing For Payroll Tax Obligations
  Ministerial Compensation
  IRS Regulations For Business Expense Reimbursements
  The Cost Of A Minister Vs. The Cost Of A Ministry
  Parsonage Or Housing Allowance?
  Pro Parsonage And Con Housing Allowance
  Pro Housing Allowance And Con Parsonage
  Tax Implications
  Another Alternative
  OK. We’ve Decided On The Housing Allowance
  Conflict Over Compensation Issues
  3 Taxes
  Tax And Reporting Procedures For Congregations
  Classification Of Employees
  How The Courts Have Ruled
  The Ministerial Employee
  The Lay Employee
  The Employer Identification Number
  What Is Taxable For Federal Income Tax Purposes?
  Income Tax Withholding
  Social Security/Medicare Tax Witholding
  Form W-4
  Deposit Of Withheld Amounts
  Form 941
  Form W-2
  Form W-3
  Form W-5
  Form 1099-MISC
  Records
  Short Checklist For Tax Procedures
  Checklist For Filling Out Box 1 Of Form W-2
  Minimizing Income Taxes For Church Employees
  Tax-Free Employee Benefits
  Business Transportation, Travel, And Related Expenses
  The Accountable Reimbursement Plan
  What The Church Could Do
  The Church-Owned Automobile
  Summary
  4 Budgeting, Reporting, And Financial Audits
  How Do You Determine The Annual Budget?
  The Chart Of Annual Accounts
  Financial Reports To The Congregation
  Balance Sheet
  Statement Of Revenue And Expense
  Statement Of Cash Flows
  Other Financial Reports
  Audits
  Why Have An Audit?
  External Audits
  Internal Audits
  Audit Procedures
  Works Cited
  Appendix 1 Where To Go For More Information
  Appendix 2 Financial Forms

  Additional Info
  Most of the time, members who accept the position of church treasurer have little or no background in accounting, especially in smaller churches; and even those with accounting experience may have trouble knowing what’s expected of them when they begin their duties.

  The Church Treasurer’s Manual is a practical tool that provides treasurers everything they need to know about handling church finances. From an overview of duties to helpful guidelines for completing tasks, new and veteran treasurers alike will learn practical tips and time-saving suggestions that will help them carry out their responsibilities in an effective and efficient manner.

  Resources include:
  an easy-to-understand overview of basic accounting principles
  an extensive explanation of tax regulations
  options for monthly and annual financial reporting
  a general job description for the church treasurer
  record keeping form for taxes, accounting ledgers, individual contribution records, budget worksheets, the offering, and more
  advice for handling payroll, housing allowances, and other compensations for the pastor and staff
  tips on communicating with the church board, the pastor, and the financial committee
  ethical guidelines for handling money

  in stock within 3-5 days of online purchase

  Add to cart