This financial news is brought to you via the Alfred Johnson blog. We hope you find it useful. The next Financials release will be a minor upgrade, containing only 3 small enhancements, and 50 bug fixes. Most of our programming time was devoted to making Financials run faster. Lots of long hours and late nights […]
This financial news is brought to you via the Alfred Johnson blog. We hope you find it useful. Starting January 1, 2017 employers with less than 50 employees can offer employees a reimbursement for medical insurance that provides minimum essential coverage (MEC). There are a number of requirements and regulations that should be considered […]
This end of the year news comes to us via Alfred Johnson’s blog. We hope you find it useful. The IRS has granted an automatic 30-day extension for both 1095-B and 1095-C forms, therefore there is no need for filers to request the extension. The due dates to file ACA forms to the IRS […]
Today’s post comes to us via the Alfred Johnson blog. Please visit alfredjohnson.net for more helpful information. Employers, including nonprofit organizations, are required, beginning in the calendar year 2017, to report the fair market value of provided health care benefits. This information is to be included on IRS Form W-2 in Box 12, using code […]
This end of the year financials checklist comes to us via Alfred Johnson’s blog. We hope you find it useful. Federal Reports Make sure you have blank forms for all IRS needed filings. NELCO has what you need. Click Here to order forms Deadline for filings now is January 31, 2018, for most reports General Ledger […]
It seems like fraud is everywhere today. You can’t go more than a month without hearing about security breaches or someone trying to steal data or scam people. The IRS is not immune from such fraudulent activities, so in the past few years we have seen them do their best to shore up efforts to […]
(Financials Product Owner, Alfred Johnson, leading the What’s New breakout session at HQ 2017 in Memphis) If you wrestle with the complexities of financials in a church environment, then you’ll want to check out Alfred Johnson’s blog at alfredjohnson.net. Alfred is the Financials Product Owner and recognized financials authority at Shelby Systems. During his 21-year career […]
How often do you think about year-end reporting? Probably as rarely as possible! Sure, you’re forced into filing those W-2’s, 1099’s, and maybe 1095’s every January, but most people dread it. It’s a process requiring you to be up to date on your data, government regulations, and software; and you have less than a month […]