A Game Changer is about to be Released by the IRS
A Game Changer is about to be Released by the IRS Churches and other non-profit organizations depend upon donations from members and generous citizens to further their tax-exempt purpose. For a Church it is [...]
The Most Wonderful Time of the Year
The Most Wonderful Time of the Year Andy Williams recorded a great classic many years ago that began like this: It's the most wonderful time of the year With the kids jingle belling [...]
Internal Revenue Service Auditing Churches – Is Yours Next?
Internal Revenue Service Auditing Churches – Is Yours Next? Many years ago, Churches never worried about intrusion from the Internal Revenue Service. For the most part the IRS never sought entrance to Church [...]
Avoiding the “Pay or Play” Penalty
Avoiding the “Pay or Play” Penalty Some Churches have fallen prey to the “Pay or Play” penalty without realizing the financial incurrence that it will have upon their ministry. Beginning in 2015, large [...]
Beware of Who Is Completing Your Individual Tax Returns and Church Tax Form Filings
Beware of Who Is Completing Your Individual Tax Returns and Church Tax Form Filings It is quickly approaching the time of the year when Pastors will be filing their Income Tax Returns. Most of [...]
Are Contributions Made to You Protected as Tax Deductible
Are Contributions Made to You Protected as Tax Deductible Not all, but many who make charitable contributions do so with intentions of claiming them as deductions on their tax returns. For any donation to [...]
Upcoming Elections and What Your Church Needs to Know
Upcoming Elections and What Your Church Needs to Know As an election approaches, especially those that are Presidential, people get passionate in support or lack thereof for a particular candidate. This is especially true [...]
Huge Penalties If You File Late Tax Returns
Huge Penalties If You File Late Tax Returns Every year taxpayers, Churches, and especially Ministers, file tax returns late for a litany of reasons. Some are late because they are afraid of the amount of tax [...]
Give Thanks
GIVE THANKS Today, I want to part from my normal Blog format and just write a few words from my heart on being thankful. Of the thousands of Churches that have closed and [...]
Churches Must Obtain 501(c)(3) Approval Now
Churches Must Obtain 501(c)(3) Approval Now As I travel across the nation teaching Church and Clergy Tax Seminars, I am continually amazed at Pastors, Church Leaders, and Bookkeepers who feel as if they are [...]