Key Tax Dates July 2021 File Form 8274 and meet monthly or semiweekly requirements. Richard R. Hammar
Key Tax Dates June 2021 Review housing allowance designations, make quarterly payments, and meet monthly or semiweekly requirements. Richard R. Hammar
Key Tax Dates May 2021 Along with monthly and semiweekly requirements, note quarterly filing, individual tax returns and contributions, and forms pertinent to your church or ministry. Richard R. Hammar
Key Tax Dates February 2021 Key forms, including W-2s, 1099-NECs, Form 941s, and more, come due this month. Richard R. Hammar
Key Tax Dates January 2021 Along with semiweekly and monthly requirements, note payroll tax rates for 2021 and review employee W-4s. Richard R. Hammar
Evaluate Property Tax Exemptions Annually In many states, the first part of the year is the time to address property tax exemptions. From the staff of Batts Morrison Wales & Lee
Annual Nondiscriminatory Policy Reporting Deadline Looms for Church-Run Schools Filing Form 5578 is one of the most commonly ignored federal requirements of church-run schools and preschools. Richard R. Hammar
Does a Gift to Support a Camp Counselor Have Tax Implications? Giving financial gifts to church camp counselors comes with a variety of tax considerations. Elaine L. Sommerville
Can We Lose Our Tax Exemption For Letting An Outside Group Use Our Building? Seven questions to help understand the potential implications of these arrangements. Richard R. Hammar
Could You Raffle Away Your Tax-Exempt Status? Insights on a common misconception that gaming is a “charitable” activity The Editors
When the Church Office Closes for Bad Weather, Does Everyone Get Paid? The legal—and logical—considerations regarding how to handle an office closure. Sally Wagenmaker
Can Churches Fund a Food Bank Before 501(c)(3) Status Is Approved? Yes, but make sure you have documentation showing it's a not-for-profit corporation. Michael E. Batts
Do Overtime Hours at Church Camp Qualify as an Exemption? Overtime hours for part-time employees is just one of several key compensation considerations. Ted Batson
The Tax Code’s “No Inurement” Limitation Failure to meet certain conditions can jeopardize a church's exempt status. Richard R. Hammar
Minister Social Security Exemption Explained Does a Social Security exemption apply to past secular work? Richard R. Hammar,
Does Your Church Owe Taxes on Alternative Revenue? Answers about the often misunderstood world of unrelated business income. Michael E. Batts
A Housing Allowance for Two Homes? Understand the IRS rules for applying a housing allowance to two homes and the critical considerations involved. Richard R. Hammar
Running a Business in a Church: Key Legal and Tax Considerations Key considerations for running a business in a church, including tax implications, liability risks, and zoning compliance. Richard R. Hammar
Amending a Minister’s Housing Allowance Can we increase our minister's housing allowance during the year? Richard R. Hammar
Understanding the Requirements for Opting Out of Social Security Ministers can opt out of Social Security only if they meet strict religious-based criteria. Missteps can lead to significant penalties. Richard R. Hammar