A growing trend for churches and ministries that own their property is the renting of parking spaces to others outside their organization. Whether the rented parking spaces are for periodic or 24/7 usage, there are tax consequences that come with these income...
Are you up to date on IRS compensation reporting rules to complete necessary forms for the IRS? In our next webinar, we will provide detailed explanation to help you report compensation to the IRS on both Form W-2 and Form 1099-NEC. As part of this webinar, we will...
It is a common misunderstanding that nonprofit organizations do not pay taxes. But this is not the case and, specifically in Washington state, certain income is subject to sales and/or Business and Opportunity (B&O) taxes. These taxes are often unknown and it is...
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