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10-Minute Treasurer

Filing Taxes: What do I do with my kid’s income?

by Jeff Pospisil • April 14, 2023 • 0 Comments

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.

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10-Minute Treasurer

QuickBooks Online: Account Settings

by Jeff Pospisil • April 7, 2023 • 1 Comment

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.

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10-Minute Treasurer

What makes a good goal?

by Jeff Pospisil • March 31, 2023 • 0 Comments

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?

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10-Minute Treasurer

Is my Church a 501c3?

by Jeff Pospisil • March 24, 2023 • 3 Comments

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.

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10-Minute Treasurer

March Madness: My Beautiful Spreadsheet to fill out your Bracket

by Jeff Pospisil • March 17, 2023 • 1 Comment

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!

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10-Minute Treasurer

How concerned should Conservative United Methodists be?

by Jeff Pospisil • March 10, 2023 • 0 Comments

I am thinking this will be the last post I do concerning the United Methodist split. Time is running out for churches considering disaffiliation.

In this post, I look at if Conservative United Methodists should be concerned about being mistreated by the denomination or if they are just being paranoid.

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10-Minute Treasurer

Starting QuickBooks Online for the first time

by Jeff Pospisil • March 3, 2023 • 0 Comments

In my journey of setting up QuickBooks Online for a ministry, I’m opening it up for the very first time. I complete the initial setup as well as link my bank account.

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The heart of JCT Accounting is to help churches and nonprofits improve their financial future primarily through relevant and practical teaching/coaching.

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