When it comes to year-end giving, are there rules that determine when a donor gets credit for a donation? There is! I’ve heard it commonly referred to as the Postmark Rule. I’ll cover this rule and how it pertains to donations coming electronically, through the mail, or in person.
The Global Methodist denomination doesn’t have a Group Ruling with the IRS that would officially declare all Global Methodist churches to be 501(c)(3). Filing for 501(c)(3) status can be a long and painful process. What should a church do? Try this.
The Global Methodist denomination doesn’t have a Group Ruling with the IRS that would officially declare all Global Methodist churches to be 501(c)(3). Filing for 501(c)(3) status can be a long and painful process. What should a church do? Try this.
I learned something new about how a church should be completing their Form W-9. I’ve been doing wrong for years, but now I know the correct way.
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.
In 2022, the big question for churches leaving the UMC was “Where are we going to…independent or GMC?” In 2023, more churches are asking “Why should we go?” I try to address this question.
This is such a stressful season for the UMC. It’s putting everyone to the test. I believe there are two primary tests United Methodists are facing. I go over those in the post.
By the way, I apologize to those that are wanting more church financial videos. I’m going to be splitting my posts between setting up QuickBooks and the UMC split for time being.