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About chitwoods

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But we are proud to say that chitwoods contributed 15 entries already.

Entries by chitwoods

Cell Phone Protection Policy Saves Church

June 15, 2022/0 Comments/in Tips/by chitwoods

John served as the Senior Pastor of the little Church in rural Connecticut. Their attendance rarely exceeded 100, yet they were proud of the work throughout the year. Their small Church structure and modest property may not have been that of the mega-ministries, but Pastor John and his congregation were proud of it and ensured […]

Are You Placing Your Donors in Jeopardy of Tax Penalties

May 10, 2022/0 Comments/in Tips/by chitwoods

As I travel across the country assisting Churches and Clergy with their Church books and records, I am constantly amazed at the number of Churches and Pastors who feel as if they are not required or should not obtain a legal 501(c)(3) exemption for their Church and Ministry. Nothing could be further from the truth. […]

Be Careful When Claiming Charitable Contributions

April 11, 2022/0 Comments/in Tips/by chitwoods

Over the years, our Government and the Internal Revenue Service (IRS) have stripped away our allowable deductions for income tax purposes. The supposed reasoning was to streamline the tax code and bring more revenue into the Government coffers. However, the tax code has not been streamlined or simplified, and regardless of the amount of revenue, […]

All Income to a Church May Not be Tax-Free

March 21, 2022/0 Comments/in Tips/by chitwoods

The 2017 Tax Reform Act (H.R. 1) reveals many surprises for Churches. One of these is the Unrelated Business Income section. In the past, a Church was allowed to have fund-raisers and other Unrelated Business Income (UBIT) without a requirement to report it to the Internal Revenue Service if all of that income for the […]

An Old Scam with A New Twist

February 9, 2022/0 Comments/in Tips/by chitwoods

Pastor Jones called our office, upset that he had received a call from “the IRS.”The individual who had called him told him that the IRS had deposited a refund into his bank account in error and that he needed to forward that refund to them immediately.The Pastor checked his bank account to discover an actual […]

Are Your Church Contributions Safe for Tax Purposes

January 5, 2022/0 Comments/in Tips/by chitwoods

Over the years, our Government and the Internal Revenue Service (IRS) have stripped away our allowable deductions for income tax purposes. The supposed reasoning included streamlining the tax code and bringing more revenue into the Government coffers. However, the tax code hasn’t been streamlined or simplified. So, regardless of the revenue, the Government continues to […]

The Most Wonderful Time of the Year

December 7, 2021/0 Comments/in Tips/by chitwoods

Andy Williams recorded a great classic many years ago that began like this: It’s the most wonderful time of the yearWith the kids jingle bellingAnd everyone telling you “Be of good cheer”It’s the most wonderful time of the yearIt’s the hap-happiest season of allWith those holiday greetings and gay happy meetingsWhen friends come to callIt’s […]

Churches, Pastors, and Love Offerings

November 18, 2021/0 Comments/in Tips/by chitwoods

Pastors and ministers of religious institutions have come under increased scrutinyrelating to cash practices, and the proper accounting as well as reporting required for each. There was a Pastor of a good Church in the mid-Atlantic region. The Church paid itsobligations promptly each month. To look at it from the outside looking in, everythingseemed fine. […]

Giving During Covid

October 5, 2021/0 Comments/in Tips/by chitwoods

Your church might have reduced face-to-face administrations and exercises in light of the COVID-19 epidemic.  Nevertheless, there is no halting your church’s finances, contracts, and other monetary commitments.  Astute church pioneers will need to be proactive and do everything they can to help their parishioners stay associated with the church, overcome this monetary crisis, and […]

13 Ideas for Churches to Consider During the COVID-19 Crisis

August 31, 2021/0 Comments/in Tips/by chitwoods

The news and our personal conversations are now being fully monopolized by the Covid-19 virus. However, as believers, fear should never be our response. It is one thing to have a healthy respect for illness and what it can do to our lives. We should do that – and be wise in preventive measures. However, […]

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  • Cell Phone Protection Policy Saves ChurchJune 15, 2022 - 8:30 pm
  • Are You Placing Your Donors in Jeopardy of Tax PenaltiesMay 10, 2022 - 8:50 pm

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