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10-Minute Treasurer

Once-in-a-Lifetime Opportunity for United Methodist Churches

by Jeff Pospisil • January 6, 2023 • 4 Comments

I believe time is running out on churches that are leaning towards leaving the UMC

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10-Minute Treasurer

Predictions for 2023

by Jeff Pospisil • December 30, 2022 • 3 Comments

I’m a pretty poor prognosticator, but at least I try! 😉 Enjoy this year’s predictions!

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10-Minute Treasurer

Signing up for Cheap Software through TechSoup

by Jeff Pospisil • December 23, 2022 • 1 Comment

This year I’m planning on setting up a client with QuickBooks Online. I’m going to document the process step by step. That starts with purchasing it for cheap. Thankfully TechSoup exists to help nonprofits and churches acquire QuickBooks (and other software) for cheap.

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10-Minute Treasurer

Alternative Investments for Churches

by Jeff Pospisil • December 16, 2022 • 0 Comments

With the stock market being so volatile over the last year, what alternatives can a church invest in and get a great return? I give you some cheap investments that churches can make and likely multiply their money.

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10-Minute Treasurer

Is my church at risk of losing its Tax-Exempt Status?

by Jeff Pospisil • December 9, 2022 • 0 Comments

The IRS is the most feared institution on earth. Even churches, which have minimal interaction with the IRS, are usually very afraid of getting on the IRS’s bad side and losing their 501(c)(3) tax exempt status. Should they be afraid?

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10-Minute Treasurer

Walkthrough applying for church EIN

by Jeff Pospisil • December 2, 2022 • 0 Comments

Does your church need a new Tax ID? The IRS makes this super easy. I give you a walkthrough in the video.

Maybe your church has found out that they aren’t using the correct Tax ID. What do you do? There are three things you can try before you need to get a new EIN.

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10-Minute Treasurer

Clergy Compensation in the GMC

by Jeff Pospisil • November 25, 2022 • 1 Comment

For many former United Methodist churches, this season of setting the budget and clergy compensation will be different than usual. There won’t be any guidance from the Conference and very few policies to guide them. Here’s some thoughts on the subject.

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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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