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Supporting Your Faith with Fiscal Accountability

Testimonials

I am pleased with the service and patience we have received. Thanks to your service, we have greater confidence in our financial position. Professional... helpful... cooperative... and accommodating to our church's needs are characteristics that describe our experience with Patrick and Raines. They add credibility, while simplifying our church's financial management. I eagerly recommend them. Thanks again for your help. It's getting better and better.

Dr. Randy T. Hodges, Senior Pastor
Hernando Church of the Nazarene

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How much employee health coverage do you sponsor? The IRS wants to know.

The Affordable Care Act (ACA) brought many changes for employers, including nonprofits, and insurers. Imposed by the ACA, the IRS now requires reporting employer-sponsored health coverage on Form W-2. Most employers, including tax-exempt organizations, must report aggregate costs of “applicable employer-sponsored coverage” under the group plan on employee W-2s. By requiring employers to report this […]

New ACA Reporting Requirements for Your Nonprofit

The IRS mandated new reporting requirements to enforce the Affordable Care Act (ACA) that affect nonprofits and churches. These new forms will enable the IRS to verify that taxpayers held insurance with minimum essential coverage and were enrolled for all 12 months. Reporting is early in the year: you must submit your forms (Forms 1094-B […]