undefined
In accounting circles, there is a lot of discussion about segregation of duties. This phrase may sound complex or technical, but segregating duties is simply the process of having more than one person involved in a task or process. We often talk about segregating...
Q: Our church wants to send our pastor to Hawaii for a sabbatical. If the board authorizes the trip for “rest and renewal,” can this be characterized as a business expense, or will it result in taxable income for the pastor? Can church members receive...
Many churches want to help students in their congregation attend a college or university, so church leaders establish scholarship funds and seek donations from their congregations. While most donors expect to receive charitable giving credit for tax purposes,...