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Treasurer/Bookkeeper

Continuing education for ministry leaders
Treasurer/Bookkeeper
Weekly Lessons, created and written by Richard R. Hammar, J.D., LL.M., CPA, give you a basic legal overview of essential topics based on staff or volunteer positions within a church.

Previous Lessons

This Week's LessonWeek of October 6

Substantiating Contributions of Property - Part 2

Introduction

This lesson focuses on Part 2 of Substantiating Contributions of Property. You can review the Executive Summary to obtain the key points or read the Weekly Lesson for a more thorough presentation of this topic. Start by completing the following interactive quiz to test your knowledge.

Jon donates a car to his church. He uses a book containing the valuations of used cars to establish that the market value of the car is $8,000. The church treasurer agrees, and issues Jon a receipt for $8,000. Has the treasurer complied with the law?

Weekly Quiz

Instructions Click on the correct answer for each of the following questions.

Executive Summary

Charitable contributions must be properly substantiated in order to be deducted on the donor's tax return. Different substantiation rules apply to different kinds of contributions. In this week's lesson we will review the substantiation ...

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