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Getting 2021 Year-End Tasks Right
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Receipts
Q&A: Are Churches Legally Required to Issue Statements for Every Contribution?
What about a one-time donation of only $10? Are churches required to issue contribution statements for such small gifts?
Tax Rules for Gifts of Personal Property
Churches and their donors need to understand how to substantiate gifts— from cars to clothing.
Q&A: Are Tax Deductions Allowed for Silent Auctions?
Yes, but you must make sure the receipts you issue are appropriate under the circumstances.
How Long Should I Keep Income Tax Records?
Know what to hold on to after your form is sent in.
Q&A: Should Noncash Contributions Be Included in Donor Statements?
Qualifying receipts should be issued for noncash donations separately from regular (cash) donor statements.
Substantiating Noncash Contributions
Requirements churches and donors must know and follow.
Q&A: How Do I Get Staff to Turn In Detailed Expense Reports?
Start by setting the right tone—and example—at the top.
5 Apps for Tracking Receipts
Easy does it with these free Internet tools.
Q&A: Tax Deductible Mission Trips
Some people believe there is such a thing as a tax deductible mission trip. And that is true in certain conditions.
Q&A: Credit Card Fees for Donations
How does a church account for fees charged on donations?
Q&A: Hosting a Music Group at Church
Don't allow any performances until your sought guidance from a competent tax adviser.
Q&A: Is Donated Parking Space Tax Deductible?
A church member allows us to park our buses at his business.
Q&A: Donated Goods and Charitable Statements
The member is allowed a noncash deduction for the fair market value of the item.
Q&A: Refunding a Contribution
Is it legal (or moral) to give back a large financial gift at the donor’s request?
Q&A: Can We Deduct Personal Expenses on a Church Card from an Employee’s Pay?
How do handle undocumented charges on the church credit card.
Navigating Mileage Reimbursements
Follow these directions to substantiate driving expenses.
Substantiation of Charitable Contributions
How church treasurers can comply with the rules.
Tax Court Denies Pilot’s Charitable Contribution
Pilot had claimed significant contributions as an anonymous donor.
Substantiating Cash Contributions of $250 or More
Written requirements for significant contributions.