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Itemizing vs. Standard Deduction: Six Facts to Help You Choose

  When filing a tax return, we all have to decide whether to itemize our deductions or take the standard deduction. The standard deduction is easiest for most of us. It doesn’t require the mind numbing task of tallying receipts or the continued burden of recordkeeping like it’s opposite –  itemized deductions. To help decide what’s […]

Accounting Tips for the Young Minister

For profit ministry is a business that sells a product or service and makes a profit. Young ministers starting for profit ministries generally operate from a do-it-yourself mentality handling everything from accounting to administration. More often than not, they aren’t aware of the consequences of poor bookkeeping or the importance of proper accounting structure. Here […]

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