Church Finance Today

January 2018
Articles with a Member Access Only are available only to members.

Become a Member

Keep your church safe, legal, and financially sound.

When you become a member you get instant online access to help your church:

  • Reduce potential legal liability
  • Manage finances and risks
  • Comply with IRS requirements

Feature Article

How Ratios Can Strengthen This Year’s Finances

How Ratios Can Strengthen This Year’s Finances Member access only

Key measurements, reported right, can uncover significant trends.


Tax Calendar

Important deadlines for churches and ministers

January 1, 2018

• Employees and employers each pay Social Security and Medicare taxes equal to 7.65 percent of an employee’s wages. The tax rate does not change ...

January 15, 2018

Ministers (who have not elected voluntary withholding) and self-employed workers must file their fourth quarterly estimated federal tax payment for 2017 ...

January 30, 2018

Churches hiring their first nonminister employee between October 1 and December 31, 2017, may exempt themselves from the employer’s share of Social ...

January 31, 2018

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

Semiweekly requirements, January/February 2018

If your church reported withheld taxes of more than $50,000 during the most recent lookback period (for 2018, the lookback period is July 1, 2016, through ...


Q&A: What Counts as a Tax-Deductible Donation?

Q&A: What Counts as a Tax-Deductible Donation? Member access only

What is—and isn't—tax-deductible for donors who attend a church fundraising event.


Is Giving Outside of the Church Okay?

Is Giving Outside of the Church Okay?

Infographic: Many evangelical leaders give a thumbs up to tithes that include nonchurch ministries.