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Our church employs a finance director who reports to the church business administrator. The finance director reconciles all of the accounts each month and those reconciliations are reviewed and approved by the business administrator. Is this adequate?
We offer electronic giving opportunities to church attenders. Our external computer consultant set up the giving arrangement with an online vendor and she is the only person who communicates with the vendor concerning our account.
Our church engaged a speaker for a special event we sponsored in 2015. We paid her an honorarium of $750 plus substantiated travel expenses of $414.59. Is the church required to issue a Form 1099-MISC to this speaker for 2015?
Our church operates a preschool as an activity of the church. Are we required to annually file Form 5578?
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