Church Law & Tax Report
Keep your church safe, legal, and financially sound.
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- Reduce potential legal liability
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- Comply with IRS requirements
In addition to the regular semiweekly and monthly withholding requirements, church treasurers should note the following tax deadlines for next month.
Churches having nonminister employees (or one or more ministers who report their federal income taxes as employees and who have elected voluntary withholding) ...
Churches hiring their first nonminister employee between July 1 and September 30 may exempt themselves from the employer's share of FICA (Social Security) ...
Last day to file a 2012 federal income tax return for taxpayers who obtained an automatic six-month extension by filing a Form 4868 by April 15, 2013.
- Ministers (who have not elected voluntary withholding) and self-employed workers must file their third quarterly estimated federal tax payment for 2013 by this date (a similar rule applies in many states to payments of estimated state taxes). Non-minister 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 self-employment (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.
If your church or organization reported withheld taxes of $50,000 or less during the most recent lookback period (for 2013 the lookback period is July ...
If your church or organization reported withheld taxes of more than $50,000 during the most recent lookback period (for 2013 the lookback period is July ...