Worry-Free Payroll Solution for the Unique Needs of Nonprofits
Managing compensation and processing payroll for a nonprofit organization is very different than for a for-profit company, requiring specialized knowledge of the different laws and standards that apply. In the case of churches and ministries, it is even more critical.
We have seen many costly errors made by competent accountants and payroll professionals who failed to properly address issues related to a nonprofit’s payroll. Errors in processing and reporting are embarrassing, time consuming and potentially expensive to correct. With the IRS now issuing significant penalties under its Intermediate Sanctions regulations, you simply cannot afford mistakes.
Got questions about nonprofit payroll? Who to pay, how to pay, maybe even deciding whether someone is an employee or an independent contractor? Check out the following articles for more information.
And, if you need professional assistance in payroll preparation services, just ask. We have referral partners who can provide you with exactly the expertise your nonprofit needs and deserves.
It took over five years, but a unanimous 3-judge panel of the 7th US Circuit Court of Appeals ruled in…