Taxes can be tricky for individuals but are often a nightmare for nonprofit groups. Offering up-to-date assistance, CPAs Busby and Van Drunen take you step-by-step through ever-changing regulations. Includes information on financial accountability, receiving and maintaining tax-exempt status, keeping track of charitable gifts, compensation planning, insights on medical reimbursements, and helpful examples of IRS filings. 224 pages, softcover.
Format: Paperback Number of Pages: 224 Vendor: Zondervan Publication Date: 2012
Dimensions: 1.10 X 6.10 X 8.10 (inches) ISBN: 0310492327 ISBN-13: 9780310492320 Availability: In Stock
The Zondervan 2013 Church and Nonprofit Tax and Financial Guide annual reference guide continues to be one of the few resources offering tax and financial advice to churches and nonprofit organizations. Issues of financial accountability, receiving and maintaining tax-exempt status, accounting for charitable gifts, and other crucial topics receive careful and full discussion. The 2013 edition also contains a thorough description of tax laws affecting churches and other nonprofit organizations, ensuring compliance with all regulations. The book includes expert advice on handling charitable gifts, sample policies and procedures, easy techniques for simplifying financial policies and procedures, insights on medical expense reimbursements, key steps in sound compensation planning, and examples of required IRS filings.
Dan Busby is a certified public accountant with a Masters degree in business from Emporia State University. He has worked as controller of a university medical center, partner-founder of a CPA firm, and chief financial officer for a religious denomination. He currently serves as the president with the Evangelical Council for Financial Accountability, Washington, D.C, and is he coauthor of The Christian's Guide to Worry-Free Money Management.
John Van Drunen is an attorney and a certified public accountant with a Juris Doctor from Regent University School of Law and accounting degree from Anderson University. He has devoted much of his time to working in tax-exempt tax policy and other nonprofit related matters. He currently serves as vice-president and in-house legal counsel for the Evangelical Council for Financial Accountability, Winchester, VA.