Search found 3 matches

by carolh
Wed Dec 30, 2015 7:31 pm
Forum: Accounting
Topic: 1099 for independent contractors
Replies: 1
Views: 999

1099 for independent contractors

We have a lady who cleans our church twice a month for $150 per month. She uses our vacuum and cleaning supplies. She earns more than $600 per year. Do we have to provide her a 1099?

Carol Heffernan
by carolh
Mon Jun 01, 2015 1:13 pm
Forum: Accounting
Topic: Adjustment to building and furniture and equipment
Replies: 1
Views: 1514

Adjustment to building and furniture and equipment

We just started to use Power Church and our small church had not been doing balance sheets. To do the accounting set up I used $250000 for the building and $50,000 for furniture and equipment which are the amounts we are insured for. Our board wants to reduce both of these figures for our balance sh...
by carolh
Mon Jun 01, 2015 1:03 pm
Forum: Accounting
Topic: Depreciation
Replies: 1
Views: 2011

Depreciation

Do you depreciate your building and furniture and equipment? If you depreciate do you record depreciation monthly or what interval? We have a modular building for our church. How long should it be depreciated for? What is the time period to depreciate piano, organ, chairs and other furniture and equ...