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Q&A
Q&A: Are Group Health Sharing Plan Costs Eligible for FSA Reimbursement? 
Current guidance suggests no—unless it is part of a fully developed and compliant self-insured health plan.
Q&A: Can Church Employees Receive Tax-Free Assistance for COVID-Related Hardships?
Section 139 of the Internal Revenue Code allows you to offer nontaxable financial help for expenses directly related to the coronavirus.
Q&A: What’s the Best Way to Cut Our Budget as We Weather the Effects of the Pandemic?
Real financial change takes place when you conduct a mission-based impact assessment.
Q&A: In Light of the Pandemic, What Should We Include in Our Cash Balances for Forecasting Purposes?
It’s important to remember that liquidity refers to cash available for operations.
Q&A: How Do We Budget During This Time of Rapid Change and Uncertainty?
First step: stop focusing on your annual budget.
Q&A: Should We Start Digging into Our Reserves?
Churches that deplete their reserves should replenish them over time.
Q&A: How Should Churches Handle the Bookkeeping for Paycheck Protection Loans?
Also, do you recommend a separate bank account for these loans?
Q&A: Handling Donation Funds for Mission Trips Postponed by Pandemic
The church could be liable to the donors for not fulfilling the purpose of the gift.
Q&A: How Do We Deal with Sex Offenders Who Attend Church
How do we protect our members from known sex offenders?
Q&A: Can a For-Profit Food Truck Make Money on Church Property?
Receiving more than $1,000 from a vendor could be considered unrelated business income.
Q&A: Can an Insurance Carrier Exclude a Disabled Pastor’s Housing Allowance from Benefit Calculations?
A pastor’s housing allowance should always be considered part of a pastor’s total salary.
Q&A: How Should We Handle a Retirement Account Donation?
Why an acknowledgment letter rather than a tax-deductible receipt is the way to go.
Q&A: Should Policies and Procedures Be Separate Documents?
A church business manager shares best practices learned through the process.
Q&A: What Might Be the Consequences of Leaving Our Denomination?
Seven practical considerations before moving forward with any plan to separate.
Q&A: The Ins and Outs of Form 941
Is a church with only one employee who is a minister required to file this form?
Q&A: Can We Give Additional Income to a Church Employee Who Opts Out of Our Medical Plan?
Increasing an employee’s paycheck in lieu of participation may jeopardize your medical insurance plan for all participants.
Q&A: What If a Prayer Request Card Implies Child Abuse?
Start with knowing your state's mandatory reporting laws.
Q&A: Are Discounts to Church Events Taxable Income?
Understanding what IRS Publication 15-B and IRC Section 132(a)(2) does and doesn’t say.
Q&A: Does a Gift to Support a Camp Counselor Have Tax Implications?
If a payment of $600 or more is intended to help cover the student’s expenses, then it is reported on the student’s Form 1099-NEC.
Q&A: If an Outside Group Uses Our Building, Will that Jeopardize Our Property Tax Exemption?
Seven questions to help understand the potential implications of these arrangements.
