The Employee Retention Credit: Helpful Benefit or Significant Risk? A legitimate, COVID-era tax credit available to churches could offer huge cash benefits—but beware potential predators. The Editors
Tax Developments to Note in 2022 How to prepare—and comply—for the upcoming tax season in the months ahead. The Editors
IRS Bumps 2023 Business Use Mileage Rate to 65.5 Cents per Mile No change to charitable mileage and qualified medical, moving mileage rates left alone. The Editors
IRS: Churches with Employer Identification Numbers Must Keep Information Current Prompt updates can help avoid unnecessary interest charges and penalties, deter fraudulent activity. The Editors
On-Demand Webinar A Significant Source of Federal Funds for Eligible Churches Determining whether your church qualifies for the Employee Retention Credit. CPAs Michael E. Batts and Kaylyn Varnum
How Churches May Benefit from COVID-19 Relief’s Employee Retention Credit If certain criteria are met, congregations, nonprofits, and schools are potentially eligible to receive thousands of dollars. Kaylyn Varnum, Michele Wales, and Mike Batts
IRS Announces 2021 Mileage Rates Church leaders can track and report mileage for proper reimbursement. The Editors of Church Law & Tax
IRS Updates Group Exemption Procedure New guidance with specific application to denominations and churches covered by the group ruling. Richard R. Hammar
What We Know: Tax Payments and Filings for Churches and Individuals How the coronavirus is affecting the current tax season—and beyond. The Editors
IRS Releases Proposed Revision for Form W-4 for 2020 New form should make accurate withholding easier for church employees. Richard R. Hammar
IRS Official: Expect More Church Audits Regarding ACA Compliance Many churches won’t be investigated, but here’s why your church should still verify it is compliant. Frank Sommerville
How New IRS Reform Affects Taxpayers Increased penalties, new improvements will affect all tax-filers, including pastors and staff members. Richard R. Hammar
Updated IRS Reporting Requirement Applies to Church Preschools Publicizing racial nondiscrimination policy can now also be fulfilled through a website statement. Richard R. Hammar
When Churches Neglect Payroll Taxes Experts say this is an all-too-common problem—and one church leaders cannot ignore. Bobby Ross Jr.
IRS Ramping Up Its Focus on Tax-Exempt Entities The news: “IRS auditors who focus on tax-exempt groups will be kept busy this year. Matthew Branaugh
The IRS Clarifies Tax Treatment of Business Meals The Internal Revenue Service issued a statement this past fall providing guidance with respect to
IRS Clarifies Taxability of Moving Expenses Prior to 2018 With the passage of the Tax Cuts and Jobs Act, pastors can no longer deduct
The Return of Tax-Free Medical Premium Payments New act addresses ACA penalty many employers, including churches, faced. Richard R. Hammar