IRS Again Alerts Employers to Improper ERC Claims
Third parties are using aggressive tactics and lucrative promises related to ERC claims.
Tax, Church
The Tax Implications of Churches and Political Involvement
The tax implications for churches that engage in political campaigns and legislative lobbying.
IRS Bumps 2025 Business Use Mileage Rate to 70 Cents Per Mile
The IRS has once again increased the business use mileage rate. Moving, medical, and charitable rates remain unchanged.
Rich’s 15 Must-Knows for Pastors: Excess Benefit Transactions
Learn what common practices may expose pastors (especially senior pastors) to substantial excise tax.
Evaluate Property Tax Exemptions Annually
In many states, the first part of the year is the time to address property tax exemptions.
Mastering Seventeen End-of-Year Financial Tasks
Mastering seventeen end-of-year financial tasks before January 1, 2025, will help churches and ministers thrive with the upcoming tax season.
Can We Give Additional Income to a Church Employee Who Opts Out of Our Medical Plan?
Understand the rules for offering a medical stipend to church employees who opt out of coverage and how to ensure compliance with IRS and ACA regulations.
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.
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.
Unpaid Church Payroll Taxes: A Hidden Liability for Churches and Leaders
A recent case in the for-profit world underscores the potential threat.
Can People Donate Savings Bonds to the Church?
What to do if someone donates a US Savings Bond to your church.
Shoes, Blenders, Toasters and More— Deducting Donated Household Items
Deducting donated household items is not as simple as it seems and may actually be more trouble than it's worth.
Setting Reasonable Compensation for Clergy
Four steps to avoid triggering costly penalties when setting reasonable compensation.
Key Considerations for Clergy Compensation and Tax Planning
Discover essential tax and compensation considerations for clergy, including salary structuring, housing allowances, and equity planning for retirement.
The Right Way to Handle Wage Classifications
Properly applying the Fair Labor Standards Act to church employees.
Guiding Bivocational Ministers Through the Tax Maze
Key tax tips for bivocational pastors to manage dual roles and stay compliant.
Do Donor Envelopes Substantiate Contributions?
Discover how to substantiate contributions for tax purposes and why offering envelopes no longer suffice under IRS rules.
Cell Tower Leasing for Churches: Benefits, Challenges, and Key Considerations
The benefits and challenges of cell tower leasing for churches, plus expert tips for making informed decisions.
What if Our Minister Requests a Housing Allowance that Exceeds His Total Salary?
What should churches do if a minister’s housing allowance request exceeds their salary? Find IRS-compliant solutions here.
Transitioning from Business to Church Finance: Lessons and Insights
Learn how transitioning from business to church finance requires new skills, education, and a focus on serving others.