Navigating Church Finances: Keeping it Simple & IRS Compliant

By: Michelle R Brown EA Christian Business Mentor Enrolled Agent
  • Summary

  • Hey there, I’m Michelle and I love all things Jesus, business and church finances! I help church finance individuals just like you go from feeling confused and frustrated with what you don’t know about church finances, to being more confident in your role while increasing your proficiency and expertise in the church finance realm. Are you tired of Google searches that result in endless pages of answers to your questions about church finances, housing allowances and clergy taxes? Do you need help with getting the right processes and procedures in place for your church office or business? Are you looking for a group of like-minded believers who understand your desire to do business and serve the local church God’s way? In this podcast, you will find practical AND biblically based business solutions for your church office or bookkeeping business that serves churches . We will give you tried and true bookkeeping tips and lessons that are specific to the church ministry and other foundational practices that you need in place to make sure that the church(es) that you serve are in compliance with current industry standards and IRS tax code. My mission is simple: to help church bookkeepers/treasurers/finance individuals become more confident in their role and increase their expertise in church finances so the church can continue her mission of spreading the Gospel of Jesus Christ If you are ready to walk out the calling the Lord has on your life while serving Him with excellence - then you are definitely in the right place! If you are ready to serve your church with confidence while keeping God at the center of everything you do - this podcast is for you! So grab a notebook and pen to take some great notes. It’s time to serve Him with Excellence! Learn: www.churchfinances.org Community: https://www.facebook.com/groups/churchbookkeepingandclergytax
    Copyright 2023 All rights reserved.
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Episodes
  • Ep 95 ~ 4 of the IRS's Dirty Dozen Tax Schemes
    Mar 4 2025

    Key Highlights:

    • Introduction to IRS Dirty Dozen (00:00:21): Michelle introduces the IRS Dirty Dozen tax scams for 2025, which are prevalent threats that individuals need to be cautious about.

    • Email Phishing Scams (00:00:57): Learn about the constant issue of email phishing scams where scammers send fake IRS emails to trick individuals into clicking malicious links. Remember, the IRS never contacts taxpayers via email, phone, or text.

    • Smishing (00:01:40): Understand smishing, a scam where text messages use alarming language to trick recipients into clicking on a bogus link with false claims.

    • Bad Social Media Advice (00:03:26): Michelle discusses the danger of taking tax advice from social media, emphasizing the need to verify tax advice with authoritative sources.

    • Fake Charities (00:05:09): Be aware of bogus charities, especially in times of crisis or natural disasters. Michelle provides tips on how to verify the legitimacy of charitable organizations.

    • Ghost Tax Return Preparers (00:08:02): Discover the tactics of deceptive tax return preparers who offer poor service and charge based on refund size. Michelle stresses the importance of using trusted tax professionals and knowing the warning signs of fraudulent preparers.

    Conclusion:

    Michelle wraps up the episode emphasizing the importance of staying informed about these scams to avoid becoming a statistic. It's not just about avoiding scams but also about ensuring that your church community remains financially vigilant.

    Resources:

    For more trusted resources and guidance, visit Michelle’s website at churchfinances.org/resources.

    Inspirational Closing:

    "Let's all strive to make an impact and not just an income. And remember to always look your best, do your best and be your best."

    Thank you for tuning in, and stay safe and informed. Until next time!

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    13 mins
  • Ep 94 ~ Beyond Savings: The True Value of Church Communities Supporting Local
    Feb 26 2025

    In this episode of Navigating Church Finances Podcast, host Michelle Brown explores the value of supporting locally owned Christian businesses for churches. She unpacks why choosing to shop local can align more closely with biblical stewardship and ministry values. Michelle challenges listeners to consider the greater impact of their spending choices beyond just finding the best price online or at national chains.

    Show Notes:

    • Introduction to the Topic (00:00:00): Michelle begins the episode by posing thought-provoking questions about the benefits of shopping locally for churches and their communities. She sets the stage for the discussion on the importance of supporting locally owned businesses over online retailers or national chains.

    • Biblical Stewardship Defined (00:01:30): Michelle explains the concept of biblical stewardship, highlighting how it involves responsibly managing God's resources to achieve His goals for the church. She stresses that the hunt for the cheapest option isn't always the wisest decision.

    • Key Benefits of Shopping Local (00:03:32):

      • Kingdom-Minded Stewardship: Supporting local Christian businesses helps ensure the church's financial resources support entrepreneurs who share biblical values, operate with integrity, and engage in ethical business practices. It fosters a cycle of financial responsibility through tithes.

      • Strengthening the Local Christian Community (00:04:48): Local investments foster economic growth within the faith community and create positive, God-centered work environments. Michelle shares her personal experiences to illustrate the difference in work atmospheres.

      • Aligning with Ministry Values (00:08:40): Many Christian-owned businesses offer products, services, and partnerships that align with church missions. Michelle shares excitement about partnering with local businesses that incorporate faith into their environment and operations.

    • Considerations for Churches (00:10:01): Michelle advises churches to weigh their purchasing decisions with community support in mind and to understand the challenges small business owners face, such as overhead and expenses, when asking for discounts.

    Quote to Remember: "Supporting local businesses, especially locally Christian-owned businesses, may be the wiser decision."

    Call to Action: Consider where your church spends its money and the broader impact those spending choices have within your community.

    Contact Information: For more insights and conversation on navigating church finances, subscribe to the podcast and connect with Michelle Brown. Your financial stewardship can make a difference in your church and community.

    Contact:

    michelle@churchfinance.org

    https://churchfinances.org

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    12 mins
  • Ep 93 ~ Financial Admin Evaluation
    Feb 18 2025

    Episode 93: Financial Admin Evaluation

    Welcome to another episode of Navigating Church Finances with Michelle Brown, the podcast that takes the guesswork out of managing church finances. In this episode, we explore the importance of creating and utilizing job descriptions and employee evaluations, especially for church bookkeepers or financial administrators.

    What’s in This Episode:

    • Introduction of the New Show Format: Michelle talks about the new intro, music, and tagline designed to make the podcast more engaging and fun.

    • The Importance of Job Descriptions: A discussion on why official job descriptions are crucial for both employees and the organization, ensuring clarity in responsibilities and expectations.

    • Why Conduct Employee Evaluations:

      • Explains the recommended timeline for evaluations: 30, 60, and 90 days for new employees.

      • Highlights the significance of evaluations in setting clear expectations and providing performance feedback.

    • Key Responsibilities of Church Bookkeepers/Financial Admins:

      • Weekly counting of donations, with a focus on having two unrelated people involved.

      • Maintaining payroll and benefit data, preparing financial data, and ensuring confidentiality.

      • Working collaboratively with the church treasurer and finance committee.

    • Communication and Understanding Financial Data: Emphasis on the need for clear communication and understanding of financial reports to facilitate effective church operations.

    • Course Offering: Michelle introduces her "Intro to Church Finances" course, which provides resources such as roles and responsibilities outlines, handouts, PDFs, checklists, and more.

    Additional Resources:

    • Visit https://www.churchfinances.org/icfcourse for more information on the "Intro to Church Finances" course, available now at a lower price until the end of tax season.

    Conclusion: Join Michelle again next week as she continues to offer insights into church finance management. Remember to strive to make an impact, not just an income, and always present your best self.

    Thank you for tuning in! If you found this episode helpful, consider checking out the course link provided above. Don’t forget to subscribe for more episodes filled with valuable information for your church's financial success.

    Michelle looks forward to engaging with you in future episodes, sharing more tips and expert advice on church finances.

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    12 mins

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