Treasury Newsletter September 2014
GET SMART As we enter another back-to-school season, plenty of parents, teachers and students are setting goals for themselves for the school year. It’s a good time to reassess where you are now and where you want to be when the
MONEY SAVING TIP
You may want take a moment to analyze your utility bills to see if you’re being charged sales tax. You should have a sales tax exemption certificate that makes the church sales tax exempt. Not having to pay sales tax
THE CHINA CONNECTION PROJECT
The Florida Conference has been presented with a unique opportunity to support Bible workers in China. There has been a slight easing of the pressure on missionaries in China, and we want to take advantage of this increased opening in
CHURCH/SCHOOL OWNED VEHICLES
Just a reminder that the Conference voted in 2004 to disallow entities to own, use, or rent 15 passenger vans. Any entity that has a 15 passenger van should immediately discontinue usage of it. Drivers of other entity vehicles should
WELCOME
Please join us in welcoming Allan Andino. He will fulfill the auditor role left vacant by Uberto Diez. Allan is bilingual and will be covering many of our Spanish speaking churches and schools throughout Florida. Allan may be reached at: Allan
New Federal/State Documents
As of January 1, 2013 all churches, schools and daycare centers are property of the Florida Conference Association. Maria Pino will assist all treasurers with applying for and renewing: ¨ Federal ID’s ¨ Consumer Certificates of Exemption ¨ Fictitious Name filings, etc. Should you have any questions, please
Estate Planning Services
The Florida Conference will pay the cost of having an attorney draw up the following documents for any Florida Conference member: Last Will & Testament Living Will Health Care Surrogate Durable Power of Attorney This service is offered to all members of the Florida Conference. We
Investment Donations
Let the Florida Conference Association work for you. If you have a member or donor who wants to gift stock or other investments to your church or school, the Florida Conference Association can help you facilitate the receipt and sale
Record Retention
With regard to maintaining church records, there are some additional records that should be available when Financial Review audits are made of the church records: ¨ Time Sheets for Locally Funded – to be kept 6 years. ¨ Liability insurance information for companies that
Tax Related Information
Recently, you received an email from me – Maria Pino – with a form attached requesting this information. Thank you to all that have responded. I am here to help all treasurers of churches, church schools and day care centers