The Supreme Court Addresses Taxes
For the first time in 73 years, the United States Supreme Court affirmed the right
Deductions
Substantiating Cash Contributions of $250 or More
Written requirements for significant contributions.
Will Congress Relax the Cell Phone Rules?
Legislation would make claiming cell phone usage as a business expense much easier.
Proposed Legislation Would Simplify College Tax Credits
Complex tax breaks discourage qualified students from claiming benefits.
Substantiating Gifts of Property
Insufficient substantiation can cause the loss of a charitable contribution deduction.
How the Pension Reform Legislation Affects Your Church
The 10 most important changes for churches and church staff.
Clergy—Income Taxes
The United States Tax Court ruled that an itinerant evangelist was not able to deduct his travel expenses since he was never "away from home."
The Tax Increase Prevention and Reconciliation Act of 2005
Church Law and Tax 2006-07-01 The Tax Increase Prevention and Reconciliation Act of 2005 Richard
Substantiating Charitable Contributions
Why some church receipts are insufficient.
Katrina Emergency Tax Relief Act of 2005
Act provides incentives for charitable donors, relief for hurricane victims.
Tax Court Applies “Deason Rule” to Minister’s Business Expenses
Rule reduces ministers' business expense deduction.
Tax Court Denies Deduction for Donation of Computer Equipment to a Church
Donor failed to appraise equipment or meet substantiation requirements.
The Indian Ocean Tsunami Relief Act
What church treasurers need to know.
Clergy—Taxes
The Tax Court ruled that a minister could not deduct the cost of courses he took at a local university to complete his undergraduate degree.
The 2003 Tax Law
Application to churches and church staff.
IRS Ruling Provides Helpful Guidance for Designated Gifts
Clarification provided for gifts that are earmarked for specific individuals.
Properly Reporting Year-End Contributions for Tax Purposes
Generally, checks backdated for December but received in January must be reported with the new year's contributions.
Unemployment
An Oregon court ruled that a church was required to pay state unemployment taxes on its pastor since he was an employee.
IRS Addresses Substantiation of Charitable Contributions
What church treasurers need to know.
No Contribution Deduction for Church School Tuition
Court rejects argument that tuition resulted in an "intangible religious benefit."