{"id":19,"date":"2023-02-27T17:42:03","date_gmt":"2023-02-27T17:42:03","guid":{"rendered":"https:\/\/preceptsllc.net\/main\/?page_id=19"},"modified":"2023-02-27T18:02:10","modified_gmt":"2023-02-27T18:02:10","slug":"what-we-do","status":"publish","type":"page","link":"https:\/\/preceptsllc.net\/main\/what-we-do\/","title":{"rendered":"WHAT WE DO"},"content":{"rendered":"\n<p id=\"TOP\"><a href=\"#AUDIT\" data-type=\"internal\" data-id=\"#AUDIT\">Audit\/Accounting<\/a> \u2666 <a href=\"#TAX_ISSUES\">Tax Issues<\/a> \u2666 <a href=\"#PAYROLL\">Payroll Issues<\/a> \u2666 <a href=\"#MINISTERS\">Ministers\/Churches<\/a> \u2666 <a href=\"#TAX-EXEMPT\">Tax Exempt<\/a><\/p>\n\n\n\n<p>Our Services Include:<\/p>\n\n\n\n<p id=\"AUDIT\">\u2022&nbsp;<strong>Audit \/ Accounting Issues<\/strong><\/p>\n\n\n\n<p>Financial statements &#8211; audited, reviewed, or compiled, accounting systems, charts of accounts, accounting for contributions made and received, appropriate accounting methods, accounting for receipts, accounting for disbursements.<\/p>\n\n\n\n<p><a href=\"#TOP\">Return to top<\/a><\/p>\n\n\n\n<p id=\"TAX_ISSUES\">\u2022 <strong>Tax Issues &#8211; 1040<\/strong><\/p>\n\n\n\n<p>Individual and ministers&#8217; tax returns, IRS audits, employee business expenses including travel and entertainment, auto expenses, housing allowance, tax-sheltered annuities, home office deduction, and guidelines for charitable giving.<\/p>\n\n\n\n<p><a href=\"#TOP\">Return to top<\/a><\/p>\n\n\n\n<p id=\"PAYROLL\">\u2022 <strong>Payroll Issues<\/strong><\/p>\n\n\n\n<p>Payroll tax returns, deposit requirements, fringe benefits and deferred compensation, housing allowance, ministers&#8217; special status, church employees, the election out of the social security system, tuition reduction plans, accountable plans for employee business expenses, and employee or contract labor decisions.<\/p>\n\n\n\n<p><a href=\"#TOP\">Return to top<\/a><\/p>\n\n\n\n<p id=\"MINISTERS\">\u2022 <strong>Ministers<\/strong><\/p>\n\n\n\n<p>Special status for payroll taxes, housing allowances, tax issues, self-employment tax, personal financial statements, compensation, and the election out of the social security system.<\/p>\n\n\n\n<p><a href=\"#TOP\">Return to top<\/a><\/p>\n\n\n\n<p id=\"TAX-EXEMPT\">\u2022 <strong>Tax-Exempt Organizations<\/strong><\/p>\n\n\n\n<p>Filing requirements, Form 990 Return of Organization Exempt from Income Tax, Form 990-T (unrelated business income), obtaining exempt status, computer consulting, management advisory services, political activities, losing your tax-exempt status, guidelines for charitable giving, transactions with related parties<\/p>\n\n\n\n<p><a href=\"#TOP\">Return to top<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Audit\/Accounting \u2666 Tax Issues \u2666 Payroll Issues \u2666 Ministers\/Churches \u2666 Tax Exempt Our Services Include: \u2022&nbsp;Audit \/ Accounting Issues Financial statements &#8211; audited, reviewed, or compiled, accounting systems, charts of accounts, accounting for contributions made and received, appropriate accounting methods, accounting for receipts, accounting for disbursements. Return to top \u2022 Tax Issues &#8211; 1040 Individual &hellip; <a href=\"https:\/\/preceptsllc.net\/main\/what-we-do\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">WHAT WE DO<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-19","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/preceptsllc.net\/main\/wp-json\/wp\/v2\/pages\/19","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/preceptsllc.net\/main\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/preceptsllc.net\/main\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/preceptsllc.net\/main\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/preceptsllc.net\/main\/wp-json\/wp\/v2\/comments?post=19"}],"version-history":[{"count":4,"href":"https:\/\/preceptsllc.net\/main\/wp-json\/wp\/v2\/pages\/19\/revisions"}],"predecessor-version":[{"id":35,"href":"https:\/\/preceptsllc.net\/main\/wp-json\/wp\/v2\/pages\/19\/revisions\/35"}],"wp:attachment":[{"href":"https:\/\/preceptsllc.net\/main\/wp-json\/wp\/v2\/media?parent=19"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}