Year-End Financial Responsibilities – IRS Year-End Compliance
Part 3 – IRS Year-End Compliance
Several forms are required to be filed at year-end by the Internal Revenue Service. A quick, but not exclusive, list includes:
|W-2, W-3||Wage & Tax Statement|
|1099-NEC, 1096||Non-employee Compensation|
|5578||Annual Certification of Racial Nondiscrimination for a Private School (including preschool)|
|8283||Noncash Charitable Contributions (Over $500)|
As always, contact GoodBooks today if we can help your church setup your bookkeeping system for keeping good books in the most efficient way.