The other day I was visiting with a pastor of a brand new Global Methodist church. For nearly a year, the church had been focused on disaffiliating and was now refocusing on ministry. It all of a sudden occurred to the pastor, “Do Global Methodists pay apportionments?” That’s what I look into this post.
Last year, two of my kids had jobs so they received W-2’s. What do you do with their income? Do you include it with yours? Do they have to file their own return? All good questions that I dive into.
When you’re setting up QuickBooks Online, before you get to the Chart of Accounts, look at your Account Settings. Most of these you won’t have to worry about, but there are some that will have a significant impact if you don’t fix.
For most of the last twenty years, I’ve set goals for myself. It’s interesting to look back at my old goals. I think I’ve achieved about half of them, but the other half I lost interest in. It makes me wonder…what makes a good goal that keeps you engaged?
The IRS may be the most feared institution on earth, but they are actually pretty lenient towards churches. You would probably be surprised at how easy it is for a church to be considered a 501(c)(3) for tax purposes.
My family and I always fill out brackets for March Madness. The older I get, the more I find I pick based on nostalgia instead of knowledge.
So…I built a spreadsheet to use statistical probabilities to fill out my bracket. Enjoy!
