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Church Law & Tax Report

September/October 2016
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Feature Article

How the New Overtime Rules Will Affect Churches

How the New Overtime Rules Will Affect Churches Subscriber access only

The updated regulations must be applied by December 1.

Articles

Church Political Activity and Tax Exemption

Church Political Activity and Tax Exemption Subscriber access only

It is now more important than ever for church leaders to be familiar with these IRS requirements.
In Brief

In Brief

Key news recaps

IRS Asked to Clarify Bitcoin Donations Subscriber access only

CPAs seek guidance for documenting virtual contributions.
Tax Calendar

Tax Calendar

Important deadlines for churches and ministers

September 15, 2016

  • Ministers (who have not elected voluntary withholding) and self-employed workers must file their third quarterly estimated federal tax payment for 2016 by this date (a similar rule applies in many states to payments of estimated state taxes). Nonminister employees of churches that filed a timely Form 8274 (waiving the church’s obligation to withhold and pay FICA taxes) are treated as self-employed for Social Security, and as a result, are subject to the estimated tax deadlines with respect to their selfemployment (Social Security) taxes unless they ask their employing church to withhold an additional amount of income taxes from each paycheck (use a new Form W-4 to make this request) that will be sufficient to cover self-employment taxes.

October 15, 2016

Last day to file a 2015 federal income tax return for taxpayers who obtained an automatic six-month extension by filing a Form 4868 by April 15, 2016.

October 30, 2016

Churches hiring their first nonminister employee between July 1 and September 30 may exempt themselves from the employer’s share of FICA (Social ...

October 31, 2016

Churches having nonminister employees (or one or more ministers who report their federal income taxes as employees and who have elected voluntary withholding) ...

Semiweekly requirements, September/October 2016

If your church or organization reported withheld taxes of more than $50,000 during the most recent lookback period (for 2016 the lookback period is July ...

Monthly requirements, September/October 2016

If your church or organization reported withheld taxes of $50,000 or less during the most recent lookback period (for 2016 the lookback period is July ...

Communicating During a Church Building Project

Communicating During a Church Building Project

Learn ways to keep communication at the forefront throughout your building project.
Essential Guide to Liabilities and Duties for Church Boards

Essential Guide to Liabilities and Duties for Church Boards

Be aware of ways you can expose yourself to personal legal liability.