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Michael E. Batts | Founding & Managing Shareholder, Batts, Morrison, Wales & Lee
Mike Batts is the founder and managing shareholder of Batts, Morrison, Wales & Lee, P.A., a CPA firm dedicated exclusively to serving nonprofit organizations and their affiliates. He chairs the board of both the Evangelical Council for Financial Accountability (ECFA) and The Master's Academy of Central Florida. Mike has led numerous discussions in national seminars, including the National Association of Church Business Administration, The Christian Leadership Alliance, the National Institute in Church Finance and Administration at Emory University, the American Institute of Certified Public Accountants and his firm's own annual Nonprofit Conference. He is active legislatively, both on the state and federal levels, having successfully drafted and lobbied for a number of changes to laws affecting nonprofit organizations.
questions
Displaying 1 - 8 of 8 questions
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Changing Designated Funds
Q | Can we redefine the use of funds that have been specifically designated to an individual for a set purpose? If so, to what extent does our congregation need to be notified of such a change?Read our expert's answer >
Churches and Form 990
Q | How do you know if your tax exemption status is still valid with the IRS?Read our expert's answer >
Conscientious Objection to Social Security
Q | When can a minister file form 4361?Read our expert's answer >
Distributing Church Assets
Q | Can we give a sizable love gift to our pastor and distribute our assets to another ministry?Read our expert's answer >
Establishing a 501(c)(3) Ministry at Church
Q | Do we need to start a separate tax-exempt entity?Read our expert's answer >
Insurance Premium Reimbursement
Q | Can we reimburse a church member for her insurance premium payment, and also count her payment as a charitable contribution?Read our expert's answer >
Tax Status of Pastor's Housing Allowance
Q | Are housing expenses that are paid by the church before being designated considered taxable or nontaxable income?Read our expert's answer >
Valuing Volunteer Labor
Q | Are donated services deductible?Read our expert's answer >
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