IRS Again Alerts Employers to Improper ERC Claims
Third parties are using aggressive tactics and lucrative promises related to ERC claims.
Tax, Church
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Getting Ahead of the 2023 Tax Season
On-Demand Webinar: Ten tax developments church leaders should know for filing taxes this year- and for meeting tax requirements for the year ahead.
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10 Key Tax Developments Affecting Churches and Pastors in 2023
What you need to understand for 2022 filing and 2023 compliance.
Finishing 2022 Well
Getting year-end tasks right--and setting up 2023 for success.
The Tax Implications of Churches and Political Involvement
The tax implications for churches that engage in political campaigns and legislative lobbying.
IRS Bumps 2024 Business Use Mileage Rate to 67 Cents Per Mile
The IRS increases the 2024 business use mileage rate, but reduces the rate for medical or moving purposes.
Excess Benefit Transactions
Learn what common practices may expose senior pastors to substantial excise tax.
How Church-Run Coffee Shops, Bookstores, and Other Ventures Can Trigger Tax Liability
Seven articles to help you understand unrelated business income.
Important Notice for Churches Involved in Disaster Relief
Remind donors of special higher contribution deduction limits before they expire on February 18.
Latest Form 990 Exemption Challenge Dismissed on Technical Grounds
Atheist group targeting reporting exception for churches says it will resolve technical problems and try again.
Evaluate Property Tax Exemptions Annually
In many states, the first part of the year is the time to address property tax exemptions.
“Parking Lot Tax” Officially Repealed
A controversial 2017 provision affecting churches nixed through spending packages signed in late 2019.
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.
Q&A: Can We Give Additional Income to a Church Employee Who Opts Out of Our Medical Plan?
Increasing an employee’s paycheck in lieu of participation may jeopardize your medical insurance plan for all participants.
How New IRS Reform Affects Taxpayers
Increased penalties, new improvements will affect all tax-filers, including pastors and staff members.
Religious and Individual Giving Dipped in 2018
Newly released philanthropy report reveals decreases in giving that may, in part, be due to tax policy changes.
Q&A: Does a Gift to Support a Camp Counselor Have Tax Implications?
If a payment of $600 or more is intended to help cover the student’s expenses, then it is reported on the student’s Form 1099-NEC.
Q&A: If an Outside Group Uses Our Building, Will that Jeopardize Our Property Tax Exemption?
Seven questions to help understand the potential implications of these arrangements.
Unpaid Payroll Taxes: A Hidden Liability for Churches and Leaders
A recent case in the for-profit world underscores the potential threat.
When Churches Neglect Payroll Taxes
Experts say this is an all-too-common problem—and one church leaders cannot ignore.