BENEFITS OF OUTSOURCING YOUR CHURCH’S ACCOUNTING TO A CPA
Working with a CPA can have many advantages for your Atlanta-area church.
Free Up Money
A CPA can free up more money by handling the compliance and financial details. When you outsource your church’s bookkeeping, you also have someone looking at your cash flow, vendor receipts, invoices and every other financial part of your business, ensuring you have enough for your projects and community.
Taking care of all incoming donations, funds, vendor invoices and bills can take a lot of time, even if you are a smaller faith-based organization. Hiring a full-time CPA is also time-consuming and expensive, as is staying caught up on tax code changes and financial regulation changes. By outsourcing to Marshall Jones, someone else can take care of daily accounting, compliance research and more, freeing you up to pursue your calling.
Due to their tax-exempt status, churches and faith-based non-profits can come under extra scrutiny from the IRS. It can be a challenge to stay compliant, especially with tax rules changing often. Bookkeepers understand current tax codes and work to keep you compliant. They also keep your financial records in order so you are ready for any questions or scrutiny.