2022 Tax Changes | Account and Tax Vol 32 No 1 Delano Sherley Here is a summary of tax changes for 2022: (1) The standard deduction for married filing jointly… Click To Read More "2022 Tax Changes | Accounting and Tax Delano Sherley"
Spiritual Growth – Carol Clemens What makes an emotionally/spiritually healthy family or church? One of the first powerful truths that I learned in my Bible-based counseling college education is the… Click To Read More "Columnist Forum Vol 31 No 11"
Free Credit Reports You can check your credit report for free annually (once for each of the three major credit reporting agencies). However, due to the pandemic, you are… Click To Read More "Free Credit Reports – Delano Sherley"
Bitcoin, Ethereum, and Dogecoin…. Oh My! Every day new reports come out about the pros and cons of cryptocurrency. The accessibility to purchase virtual currency is now easier than ever… Click To Read More "Bitcoin, Ethereum, and Dogecoin… Oh My! – Delano Sherley"
Do you need to amend your 2020 return? Congress amended the tax code in March to exempt $10,200 ($20,400 for a couple) of unemployment from taxable income (only for those… Click To Read More "Columnist Archives – Accounting And Tax"
Here Come the Stimulus Checks email@example.com Last month the latest COVID relief package was signed into law. For those that qualified, most have already received the stimulus check by now… Click To Read More "Columnist Forum – Accounting and Tax – Delano Sherley"
Delano Sherley Local income taxes Many cities impose a local income tax that is based upon where a person either lives or works. How these taxes are calculated varies from… Click To Read More "Issue 31-4 – Columnist Forum – Delano Sherley – Local Income Taxes"
2021 Trends A recent article listed the following trends emerging in 2021: many in ministry will move from full-time to bi-vocational status. There will be more baby boomers than children… Click To Read More "Issue 31-3 – Columnist Forum – Delano Sherley – 2021 Trends"
Churches can save a significant amount on the cost of computer hardware and software. Many companies provide a discount to nonprofits. TechSoup is a company that provides discounts on many… Click To Read More "Delano Sherley – Cost Savings (Continued)"
Timely reconciliations of all bank accounts are a critical function of your accounting personnel. It is necessary to verify that the account balances are correct and helps to detect any… Click To Read More "Reconciling Your Accounts"
The most important function of your finance or accounting team is to produce timely and accurate reports. Churches have a legal requirement to keep and maintain complete and accurate financial… Click To Read More "Timely Bookkeeping"
When a church has excess cash that it does not need for a while (i.e. money set aside for a future building program), the issue comes up regarding how to… Click To Read More "Insights for Investments"