Chitwood & Chitwood

06/01/2026

Stewardship is a sacred trust that requires more than just good intentions. Protecting your ministry’s resources starts with strong internal controls.

Implementing segregation of duties: ensuring no single person handles a transaction from beginning to end: is your first line of defense against error and fraud. At Chitwood & Chitwood, our experts help you develop customized systems that ensure transparency and accountability at every level.

Are you confident in your current financial safeguards? We are here to help you build a solid foundation of integrity.

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06/01/2026

Is your ministry prepared for the new Federal Single Audit threshold? The limit has increased to $1,000,000, impacting how mid-sized ministries manage federal funding. While this change offers relief, maintaining strict compliance remains essential to protecting your mission.

Don't leave your organization's financial future to chance. At Chitwood & Chitwood, we have decades of expertise helping religious organizations navigate complex IRS and federal regulations. We’ll ensure you’re fully compliant with the latest laws so you can focus on your ministry.

Stay ahead of the curve and secure your financial standing today.

Call us now to speak with an expert!

05/31/2026

You are so slow and so far behind but at ICCM World Conference this year...with The "Authority" that's going to change! Watch now!

A Special Message from Dr. H. Michael Chitwood.

05/28/2026

Internal bookkeeping is evolving in 2026. With the new $2,000 threshold for 1099-NEC reporting, your church’s paperwork process may look different this year. Misunderstanding these thresholds can lead to unnecessary administrative work or, worse, compliance gaps. At Chitwood & Chitwood, we help ministries modernize their financial systems to reflect current IRS standards. Streamlining your bookkeeping now saves time and stress during tax season. Ensure your ministry is accurately tracking payments to contractors and musicians. We are here to guide your staff through these transitions with ease. Learn more today.

05/28/2026

Are you absolutely certain your ministry is protected from excise tax penalties? The OBBBA 'Lookback' Rule is a critical compliance factor that many church administrators overlook. It doesn't just apply to current staff: it reaches back to former employees, creating significant tax risks if handled incorrectly. Failure to correctly identify "disqualified persons" can lead to hefty IRS penalties and costly legal fees. Don't let past payroll oversights jeopardize your ministry’s financial health. We specialize in navigating these complex IRS regulations specifically for religious organizations.

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05/28/2026

Pastors and Church Leaders, is your staff truly prepared for the latest tax law changes?

With new regulations hitting every year, one simple mistake in your bookkeeping or payroll can lead to massive IRS penalties and unnecessary expenses. You can’t afford to guess when it comes to ministry compliance.

Our Staff Educational Seminars are designed to equip your team with the specific knowledge they need to protect your ministry’s financial future. We’ve been the leaders in clergy tax law longer than anyone else, and we know exactly what the IRS is looking for right now.

Don't wait for an audit to find out you're behind. Investing in your team’s education is the best way to ensure your ministry stays safe, compliant, and focused on its mission.

Seats for our training sessions are filling up fast. Ensure your ministry is prepared before the laws catch up with you.

Call now to schedule your staff training and secure your ministry’s financial integrity.

800-353-0711

05/28/2026

Many ministries assume their federal tax-exempt status automatically covers all state-level sales taxes. However, maintaining sales tax exemption requires specific documentation and, in many cases, periodic renewal with the state. Are your records up to date? Avoid overpaying on church purchases and ensure your ministry remains in good standing with state authorities. Our team can help audit your current exemptions and streamline your documentation process. Don't leave your ministry's financial resources on the table. Call now to secure your tax-exempt benefits.

05/28/2026

As the 2026 election cycle approaches, protecting your ministry's 501(c)(3) status is critical. The Johnson Amendment remains in effect, prohibiting tax-exempt organizations from participating in political campaigns. Even "innocent mistakes" in public statements or social media can put your exempt status at risk.

Specialized guidance is vital to navigate these boundaries while maintaining your community's voice. Chitwood & Chitwood offers expert tax counseling to ensure your ministry remains compliant and secure. Don't risk your foundation on a compliance oversight.

Call now. Call us today for a consultation.

05/25/2026

Hey Pastors, are you absolutely confident your ministry’s financial policies could withstand a surprise audit? Even though most churches aren’t required to file Form 990, transparency trends are shifting. If you aren’t proactively documenting policies now, you’re leaving your church vulnerable to IRS scrutiny and compliance risks.

Don't miss out on essential protection. We’ve been helping ministries stay compliant longer than anyone else, and we see the trends before they hit. It’s time to move from "exempt" to "bulletproof."

Learn more about securing your ministry's future. Our strategy sessions are filling up fast( get prepared before these new standards become the rule!)

05/25/2026

The IRS has announced plans to revise Form 990, increasing transparency and reporting requirements for tax-exempt organizations. While many churches are exempt from filing, your related ministries or non-profit entities may be impacted by this new level of scrutiny. Ensuring your books are audit-ready and your reporting is precise is no longer optional: it's essential for protecting your mission.

At Chitwood & Chitwood, we specialize in navigating these complex IRS shifts so you can focus on your ministry. Is your transparency ready for the new standards?

Learn more at chitwoods.com.