Non-Profit Topics
401 - Are You Handling Your Non-Profit The Wright Way?
- Outline Board Responsibilities and Liabilities
- Teach about the Boards and Officers Fiduciary Responsibility
- Describe what good documentation is versus weak documentation
- Define what are true financial statements and what information they should reflect
- Discuss required policies per the IRS
402 - Defining The Housing Allowance - How Ministers Are Blessed
- Goal is to explain how the IRS views ministers
- Define who is available for Housing Allowance
- Define sarcedotal duties
- Explain the tax affect of claiming a Housing Allowance
- Explain how the Board is to document housing Allowance
403 - Trustee and Financial Staff Training and Education
404 - Ready or Not Here They Come - What Can Trigger an IRS Audit
- Discuss Audit Triggers
- Why Non-Profits Are Vulnerable
- The Goals of an IRS Audit
