The IRS and Washington State 2023 Year-End Reporting for Ministries and Nonprofits

Back by popular demand is our year-end reporting update for 2023.  Rick Battershell will be providing an update on the ever changing year-end IRS and Washington state reporting requirements, and helping ministries prepare for 2024 reporting.

Join us we explore recent and relevant updates to Year End Reporting:

IRS Reporting

• When and what to file on Forms 1099-NEC and 1099-MISC
• 2023 Form W-2 changes since last year
• Common types of income required to be reported on Form 990-T
• Special filing required of Church schools
• When to report payments to foreign persons
• Form I-9 when hiring new employees

Preparing for 2024 (IRS Requirements)

• Designating housing allowances
• Contributions or payments to foreign persons or organizations
• Employee help adjusting tax withholding with Form W-4

WA State Reporting

• Reporting Sales, Use and B&O taxes
• When uncashed checks are required to be reported
• What can be done to maintain a property tax exemption
• Minimum wage