Michael Wright
Exploring the Impact: Should Churches Lose Their Tax-Exempt Status with the IRS?
The ongoing debate surrounding the tax-exempt status of churches and religious organizations has captured public attention in recent...
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Michael Wright
Jun 182 min read
Unlocking Biblical Wealth Insights: A Professional's Guide
In the fast-paced world of business and leadership, it's essential to seek wisdom and insights from various sources. One often overlooked...
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Michael Wright
Jun 142 min read
The role of a Church Bookkeeper
The role of a bookkeeper Bookkeeping involves the transactional and administrative aspect of recording financial transactions. On the...
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Michael Wright
Jun 112 min read
Understanding the Role of Ministers: A Guide for Professionals
Ministers hold a sacred position in various religious traditions, serving as spiritual leaders, teachers, and guides for their congregations
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Michael Wright
May 233 min read
Understanding the Importance of Fund Accounting for Churches: A Closer Look at IRS Requirements
The Internal Revenue Service (IRS) has laid out requirements that aim to ensure proper financial management in religious organizations.
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Michael Wright
May 234 min read
Understanding Unrelated Business Income Tax (UBIT) for Tax-Exempt Organizations
churches can engage in revenue-generating ventures that are not directly related to their tax-exempt functions.
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Michael Wright
May 232 min read
5 Crucial IRS Guidelines Every Church Should Know
IRS Publication 1828. Compliance with these regulations not only ensures the financial integrity of the church but also fosters transparency
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Michael Wright
May 222 min read
5 Essential Church Bookkeeping Tips for Effective Financial Management
Welcome, professionals, to another insightful post from Proverbs243consultin! Today, we delve into the critical world of church...
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Michael Wright
May 222 min read
How to Practice Good Stewardship through Effective Church Accounting
Welcome, professionals, to our guide on how churches can excel in financial stewardship by implementing sound accounting practices. In...
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Michael Wright
Mar 232 min read
Navigating the Financial Challenges of Church Growth
Navigating the Financial Challenges of Church Growth As churches experience growth and expansion, they often face unique financial...
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Michael Wright
Jul 10, 20232 min read
Unlocking the Secrets of Church Budgeting: Proven Strategies for Success
Unlocking the Secrets of Church Budgeting: Proven Strategies for Success --- Church budgeting can be a complex and challenging task, but...
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Michael Wright
Jun 12, 20237 min read
The Basics of Accounting: A Guide for Beginners
Accounting is not just about keeping track of financial transactions, it is a fundamental part of any business
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Michael Wright
Jun 6, 20233 min read
Title: Accounting for Churches: Financial Stewardship and Transparency
Churches play a vital role in communities, providing spiritual guidance, support, and charitable services. Like any organization,...
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Michael Wright
Oct 11, 20192 min read
What Are the Essential Account Categories for a Church's Chart of Accounts?
A chart of accounts (COA) is an index of all the financial accounts in the general ledger
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Michael Wright
Jun 12, 20191 min read
Essential Financial Reports
For organizations of any size, a solid understanding of your finances is important, it is especially important for small or medium and growi
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