But you don't wish the youth director access to your payroll information. Atlanta Church Bookkeeping LLC will take care of all your needs.
Our not-for profit tax advisors have years of experience working alongside churches, synagogues and other faith-based organisations to minimize their taxes and preserve their tax exempt status.
By reconciling your accounting with your bank and credit card statements, you will find errors such as duplicates, missing transactions, bank errors on rare occasions, and amount discrepancies.
We believe everyone should be empowered to make informed financial decisions. We are proud to share the knowledge we have, even though we don't offer every financial product and company available, but we do provide objective and independent information and tools that are simple and easy to use.
Even if a member of your congregation is a nonprofit accountant or bookkeeper, engaging a specialist to help with your church’s bookkeeping will likely be a sizable investment. We encourage you to make this investment a priority. Doing so can benefit your church in three ways:
Listening is the foundation for a client relationship that is built on trust. Our mission is for you to receive financial leadership, guidance, and advice that can be used to grow your religious organization.
Our clients receive a deep understanding of the unique challenges that religious organizations face today. We invest many hours each year learning about the current tax laws and new regulations that will affect non-profit clients such as churches, synagogues or mosques, school for religious studies, daycares for children, and other religious-based groups.
Diocesan Canons state that treasurers and other officers of a church parish, mission or other institution be “bonded” according to Episcopal Church Canons. Episcopal Church Canons require that treasurers be “adequately bonded.”
seven years
Financial Records are traditionally kept for seven years. This relates to the laws of tax audits and the number of years back the IRS is allowed to look when determining an organization's tax liability.
The IRS may begin a church tax inquiry only if an appropriate high-level Treasury official reasonably believes, based on a written statement of the facts and circumstances, that the organization: (a) may not qualify for the exemption; or (b) may not be paying tax on unrelated business or other taxable activity.