Happy New Year!
The staff at Online Stewardship Accounting & Consulting wish you and your nonprofit organization a happy, healthy, and successful year ahead.
Testimonials
I have been the treasurer for my church for the better part of 10 years. It is an important job but one that requires a certain amount of specialized knowledge to do it properly which makes it very difficult to ever move out of the position. Having a firm like OSA&C to step in and do the detailed work allows our church finance committee to focus on making the decisions that are best for the church and not be concerned with the details of the books. What a relief!
William S. Hart, CFP, MBA
Retirement Strategies, Inc.
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Social Welfare Organizations: Public Input Sought for Tax Exemption Guidance
If you run a certain type of non-profit, or serve on its board, the Treasury Dept. actually wants your opinion. The IRS recently proposed new qualification requirements for “social welfare organizations” granted tax exempt status under section 501(c)(4) and it’s seeking your comments until Feb. 27. Tax-exempt social welfare organizations, such as AARP, the NAACP, […]
Does your church need more oversight?
A November 18, 2013 article in Forbes suggested that houses of worship – institutions you would expect to be staffed by people of high moral character – can become havens of fraud and embezzlement. Despite a lack of research on the topic and the contention that “as much as 95% of fraud within churches goes […]
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