Navigating Church Finances: Keeping it Simple & IRS Compliant l Church Bookkeeping, Church Payroll, Minister Taxes
Hey there, I’m Michelle and I love all things Jesus, business and church finances! I help church finance individuals just like you go from feeling confused and frustrated with what you don’t know about church finances, to being more confident in your role while increasing your proficiency and expertise in the church finance realm. Are you tired of Google searches that result in endless pages of answers to your questions about church finances, housing allowances and clergy taxes? Do you need help with getting the right processes and procedures in place for your church office or business? Are you looking for a group of like-minded believers who understand your desire to do business and serve the local church God’s way? In this podcast, you will find practical AND biblically based business solutions for your church office or bookkeeping business that serves churches . We will give you tried and true bookkeeping tips and lessons that are specific to the church ministry and other foundational practices that you need in place to make sure that the church(es) that you serve are in compliance with current industry standards and IRS tax code. My mission is simple: to help church bookkeepers/treasurers/finance individuals become more confident in their role and increase their expertise in church finances so the church can continue her mission of spreading the Gospel of Jesus Christ If you are ready to walk out the calling the Lord has on your life while serving Him with excellence - then you are definitely in the right place! If you are ready to serve your church with confidence while keeping God at the center of everything you do - this podcast is for you! So grab a notebook and pen to take some great notes. It’s time to serve Him with Excellence! Learn: www.churchfinances.org Community: https://www.facebook.com/groups/churchbookkeepingandclergytax
Listen on:
Episodes
Wednesday Mar 29, 2023
Wednesday Mar 29, 2023
I am so pumped and excited to be sharing my very first book review with you. As I have already mentioned… I. LOVE. BOOKS. And I love to read business books as I want to learn everything I can to give my businesses the best chance possible to succeed. The most impactful book to date that I have read is Profit First by Mike Michalowicz. In this episode, I am going to share what I thought were the most note-worthy principals taught in the book and how I implemented those into my personal businesses, both my bookkeeping firm and my bookstore. There is SO much more detail in the book and I hope that you will get you a copy of it soon and not just read it but apply it. I promise you that it’s worth it. And that’s a wrap for todays episode. I pray that it has been helpful to you and that you can apply something you’ve learned to make your job more enjoyable for you and those you serve. Be blessed my friend! See below the Amazon affiliate link so you can get the book at a great price. Book link https://amzn.to/42R8Rc6 If you'd like to read the blog post, click HERE As always, thanks for giving some of your time to spend with me. Be blessed my friend! Michelle Sign up to join our awesome Bookkeeping Business Newsletter and receive a great FREE resource!
Church finance specific FREE resource: https://churchfinances.ck.page/guide
Want to connect with me?
See my contact information below:
Learn: www.churchfinances.org
Connect: info@churchfinances.org
Want to work with me: www.hallmarktax.com
Join us:
www.facebook.com/groups/churchbookkeepingandclergytax
Monday Mar 27, 2023
Monday Mar 27, 2023
In today's episode, I go over the most misunderstood part of church payroll - the minister's housing allowance.
I will touch on three topics:
What defines a qualified minister for housing allowances per the IRS? and Why is the housing allowance important?
How to properly designate the housing allowance.
How to claim the housing allowance on the minister's tax return.
I look forward to walking you through this sometimes complicated issue.
Sign up to join our awesome Newsletter and receive a great FREE Resource!
Church finance specific FREE resource: https://churchfinances.ck.page/guide
Want to connect with me? See my contact information below:
Learn:
www.churchfinances.org
Connect:
info@churchfinances.org
Want to work with me:
www.hallmarktax.com
Join us:
www.facebook.com/groups/churchbookkeepingandclergytax
Wednesday Mar 22, 2023
Wednesday Mar 22, 2023
In this episode I go over 5 things I think you need to know to have a successful bookkeeping business launch. I share tactical steps you can take to increase your chances of success along with what has worked for me. I believe that sharing my personal experience is the best way to help. I hope you enjoy! Want to connect with me? See my contact information below:
Connect: info@churchfinances.org
Want to work with me: www.hallmarktax.com
Join us:
www.facebook.com/groups/churchbookkeepingandclergytax
Monday Mar 20, 2023
Monday Mar 20, 2023
In today’s episode we will be talking about Internal Controls and specifically about choosing the right staff and/or volunteers who will have financial responsibilities. And also about choosing the right firm to outsource your church bookkeeping/payroll services to.
Background check for ALL finance related staff and volunteer positions.
Qualified and capable of becoming qualified.
Resources mentioned to help with educating financial staff and volunteers:
www.ChurchLawandTax.com is the ultimate online resource.
www.freechurchaccounting.com is another great online resource.
www.quickbooksmadeeasy.com offers great courses for Houses of Worship if you use QuickBooks software.
Questions to ask potential outsourced bookkeeping and payroll firms:
What % of their clients are churches?
How long have you worked in the industry?
What type of credentials do you have?
Do you understand clergy payroll and housing allowance?
Any other questions you want to ask
Want to connect with me? See my contact information below:
Learn:
www.churchfinances.org
Connect:
info@churchfinances.org
Want to Work with me?
www.hallmarktax.com
Join us:
www.facebook.com/groups/churchbookkeepingandclergytax
Wednesday Mar 15, 2023
Wednesday Mar 15, 2023
In today's episode you will find the 6 steps that I believe are pertinent to successfully doing business God's way. Short and Sweet! Enjoy!
To check out the Bible verses mentioned in today's podcast, go to www.churchfinances.org/verses
Learn: www.churchfinances.org
Connect: info@churchfinances.org
Join us:
www.facebook.com/groups/churchbookkeepingandclergytax
Monday Mar 13, 2023
Monday Mar 13, 2023
Regardless of the size of the church, the giving, or the title you’re given, there are 5 basic principles that every church finance individual needs to know.
Each topic will be covered more extensively in future episodes, but I will touch briefly on them for you today.
1. Annual tax returns.
2. Unemployment Taxes.
3. Minister taxes
4. Donations
5. Receipts
Learn:
www.churchfinances.org
Connect:
info@churchfinances.org
Join us:
www.facebook.com/groups/churchbookkeepingandclergytax
Monday Mar 13, 2023
Monday Mar 13, 2023
Hello there new friend! Welcome to the very first episode of the Bookkeeping with a Purpose podcast! I’m your host, Michelle Brown and I am SO totally thrilled and honored to be here with you today.
I was in church recently , and the thought hit me…. Our pastor uses humor in his sermons to gain and keep our attention so that we are ready to listen when he drives home the main point of his sermon. Not all pastors preach the same, they all have their unique personalities, teaching styles, mannerisms, etc., but the goal is the same….. to share a message they believe in….the Gospel of Jesus Christ to as many people as possible and as simply as possible. And I believe that podcasters are really no different. We all have a message that we believe in and want to share and yet we all do it in our own unique way. So here I am!
In this very first episode, I’m going to share a bit of how this podcast came to be. Bookkeeping and the business of bookkeeping is not a boring subject and I promise to make it as fun and as interesting as possible. Thanks for coming along on this journey. Let’s do this!
learn::
www.churchfinances.org
connect:
info@churchfinances.org
Join my Church Finance FB group @ https://www.facebook.com/groups/churchbookkeepingandclergytax
Wednesday Mar 01, 2023
Wednesday Mar 01, 2023
Bookkeeping with a Purpose is a brand new podcast that teaches all things church finances, practical business tips and biblical mindset for those called to business. Michelle will use illustrations from her 20+ years as an entrepreneur along with skills and tips learned along the way from being an avid book reader and student.
Subscribe to the "Bookkeeping with a Purpose" podcast and start your week off by learning something new, fun, helpful, and possibly even learning something you didn't even know you needed to know!
The podcast launches Monday March 13th so subscribe today so you'll never miss an episode and tell someone about this exciting new way of learning all things biblical mindset, business, and church finances!