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.
With the Pension Reform Act of 2006, the requirement for filing the Form 990 came under close scrutiny, and that enforcement effort isn’t likely to change soon. The IRS remains concerned with what nonprofit organizations, exempt under Section 501(c)3, do to earn and maintain the privilege of not paying income tax on their proceeds, plus […]
