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Supporting Your Faith with Fiscal Accountability

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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Giving Thanks…

The joy of the holidays begins once again—and not a moment too soon! We gladly welcome the “taxing” tasks of Thanksgiving as we gather ’round the table to count our many blessings. Now’s the time, if only for a moment, for us to put our stresses and worries—personal, financial or otherwise—on hold to focus on […]

Be Prepared: New Payroll Tax Filing Deadlines Also Affects Nonprofits

You’ve heard about the IRS’ ongoing battle to combat fraud committed by people filing income tax returns and claiming refunds belonging to honest taxpayers. In its effort to limit these occurrences, the IRS changed all employers’ payroll return due dates for W2’s and some 1099’s. Beginning in 2017, with 2016 forms, employers, including nonprofits, must […]

Major Overtime Changes to Affect Nonprofits: Part 2

Time is dwindling before the new overtime change discussed in last month’s blog takes effect. In less than a month, the minimum salary for employees to be exempt from receiving overtime pay doubles for those who work more than 40 hours a week. The basics regarding this change were discussed in our last blog. Now […]