All Posts

Year-end giving season is almost here, and for many nonprofits and churches, November and December bring in a large share of the year's donations. This year the season comes with new rules. The One Big Beautiful Bill Act changed how charitable gifts are deducted starting with the 2026 tax year, and as tax writer Kelly Phillips Erb explained in a Taxgirl article on October 14, several of those changes take effect for gifts made right now. Here is what changed, who it affects,

Kingsport's 2026 property tax bills are due November 30, and Johnson City's are due February 28, 2027. Here's what owners, churches and nonprofits should check now.

If you asked the IRS for more time to file your 2025 tax return back in April, the clock is almost out. Extended individual returns, and the extended returns of calendar-year C corporations, are due this Thursday, October 15, 2026. For many small-business owners, that one date covers both a personal Form 1040 with business income on it and, in some cases, the company's own return. Here is what the deadline means, who needs to act, and how to finish well even if your paperwork

Your bookkeeping tells you where you've been. A fractional CFO helps you decide where you're going. Here's what a fractional CFO does, and how to tell if your organization is ready for one.

If you have ever waited on hold with the IRS, received a confusing notice, or wondered why an estimated tax payment is due in the middle of June, this one is worth a few minutes of your time. On September 30, 2026, the U.S. Senate passed the Taxpayer Assistance and Service Act, often called the TAS Act, by unanimous consent. It is not law yet, but it is one of the broadest bipartisan IRS reform packages we have seen in years, and several pieces of it are aimed squarely at sma

Managing finances for a nonprofit can feel overwhelming. You want to focus on your mission, but keeping your books accurate and transparent is crucial. Good accounting helps you build trust with donors, meet legal requirements, and make smart decisions. I’ve gathered practical tips to help you handle nonprofit accounting with confidence. Eye-level view of a nonprofit accountant organizing financial documents on a desk Understanding the Basics of Nonprofit Accounting Nonpr

Managing finances is a crucial part of running any small organization, whether it's a non-profit, a church, or a small business. Keeping track of income, expenses, and financial records can feel overwhelming, especially when your main focus is on serving your community or growing your business. That’s why having comprehensive bookkeeping solutions is essential. These solutions help you stay organized, compliant, and informed about your financial health without the stress. In

When managing finances, understanding cost analysis is essential. It helps you make informed decisions, control expenses, and improve your organization's financial health. Whether you run a small business, a non-profit, or a church, mastering cost analysis can simplify your accounting tasks and give you a clearer picture of where your money goes. In this post, I will walk you through practical cost analysis accounting tips. These insights will help you grasp the basics, apply

When you first open a nonprofit’s financial statement, it can feel like you’re staring at a foreign language. Numbers, charts, and jargon fill the pages, making it hard to know where to start. But understanding these documents is crucial. They tell the story of how a nonprofit manages its resources, supports its mission, and plans for the future. In this post, I’ll walk you through the essentials of nonprofit financial reading, breaking down the key components and showing you

Keeping your financial records in order is essential for any small business, non-profit, or church. It helps you understand where your money is going, ensures you meet tax obligations, and supports better decision-making. Over the years, I have seen how adopting clear bookkeeping practices can reduce stress and improve financial clarity. In this post, I will share some of the best small business bookkeeping practices that you can start using today. Essential Small Business Bo

Managing finances is a crucial part of running any small business, non-profit, or church. Often, the question arises: is it worth hiring an accountant? And if so, what will it cost? In this post, I’ll walk you through the various factors that influence the cost of hiring an accountant, what you can expect to pay, and how to decide if it’s the right move for your organization. What Influences the Cost of Hiring an Accountant? The cost of hiring an accountant can vary widely de

Managing finances is a crucial part of running any small business, non-profit, or church. Yet, it can often feel overwhelming, especially when budgets are tight and resources are limited. Finding affordable accounting solutions that fit your unique needs is essential to keep your organization on track and compliant without breaking the bank. In this post, I’ll share practical advice and insights on how to navigate small business accounting effectively and affordably. Understa

The Importance of Financial Management in Churches Financial management is not just about keeping the books balanced; it is about ensuring that the church can fulfill its mission. Proper financial management allows churches to: Plan for the future: Understanding income and expenses helps in budgeting for upcoming projects and initiatives. Maintain transparency: Clear financial records build trust among congregation members. Ensure compliance: Churches must adhere to various r

In today's competitive landscape, effective financial reporting is not just a regulatory requirement; it is a powerful tool that can significantly enhance your business's performance. Many entrepreneurs and business owners overlook the importance of financial reporting, often viewing it as a tedious task. However, when done correctly, it can provide invaluable insights that drive strategic decision-making and foster growth. Understanding Financial Reporting Financial reportin

Managing payroll can be a daunting task for both churches and businesses. With various regulations, tax obligations, and employee needs, it’s essential to have a solid understanding of payroll processes. This guide will provide practical tips to help streamline payroll management, ensuring compliance and efficiency. Understanding Payroll Basics Before diving into the tips, it’s crucial to understand what payroll entails. Payroll is the process of compensating employees for th