Our experts will ensure all information is accurate and up-to-date. Let us do the heavy lifting so you can get on with your mission.
Churches can be and do receive severe penalties for paying workers with 1099s to whom they are not employees.
FT Walton Church Bookkeeping LLC is proud to offer the best in affordable nonprofit and church accounting in Atlanta and throughout the state of Georgia. We understand that nonprofits are an integral part of the community. They play an essential role in building strong communities. Our team helps them thrive, grow, and succeed. Outsourcing your church or nonprofits accounting offers endless benefits. Please contact us and tell us on we can assist your church or nonprofit. We are always here to help.
Bookkeeping for churches is our passion and specialty! We enjoy the task of keeping records for churches and small non-profits. Many bookkeeping mistakes can be avoided if the bookkeeper was trained properly.
Problem is, the Pastor and the volunteers may not know how to properly set up an accounting system. As a result, your church may have ineffective bookkeeping.
We believe that everyone should have the ability to make sound financial decisions. Although we don't have every financial product or company on the site, we are proud to say that our guidance, information, and tools are impartial, independent, simple, and completely free.
Our team of not-for profits tax advisers has many years experience working with churches, synagogues or other faith-based organizations in order to minimize their taxes, protect their tax exempt status, and help them avoid tax.
The IRS may begin a church tax inquiry only if an appropriate high-level Treasury official reasonably believes, based on a written statement of the facts and circumstances, that the organization: (a) may not qualify for the exemption; or (b) may not be paying tax on unrelated business or other taxable activity.
81% of church revenue came from individual donations. 34% of congregations have endowments, which constituted on average 4% of their revenue. Only 2% of churches received revenue from government grants; 12% received finance from non-government grants.
Churches And Transparency
The standards of the Evangelical Council on Financial Accountability require that member organizations provide audited financial statements on request.
The biblical pattern shows without question that the pastor should be involved in the oversight of the church's finances, however, Scripture also prescribes the attitude and actions of the pastor to avoid disqualification of influence and trust.