“Five Ways Designated Giving Can Get Your Church in Trouble.” Church Answers has a quick list of problems, legal, practical, and pastoral, here.
Category: taxes
Josh on Theology Thursdays: Church, State, and COVID-19
Josh on Theology Thursdays: Church, State, and COVID-19 Yesterday I had the pleasure of joining Lutheran pastors James Smith (Trinity Episcopal and St. John’s Lutheran in Three Rivers, Michigan) and Chris Laughlin (Messiah Lutheran in Constantine, Michigan) for their “Theology Thursdays,” which they post to their congregations’ Facebook pages while we keep social distance due to COVID-19. We talked about Church and State issues during COVID-19. It was a fun conversation in a difficult time. Go here to watch the hour-long conversation.
Continue reading “Josh on Theology Thursdays: Church, State, and COVID-19”FREE WEBINAR: “The 5 Most Misunderstood Aspects of Unrelated Business Income for Churches”
On February 26 at noon E.S.T., ChurchLaw&Tax is sponsoring a free webinar about Unrelated Business Income for Churches. Register here.
“IRS Lowers Standard Business Mileage Rate for 2020”
“IRS Lowers Standard Business Mileage Rate for 2020” The Evangelical Council for Financial Accountability summarizes the I.R.S.’s recent announcement
here.
here.
“Two Year-End Tax Law Changes – Nonprofit Law Blog” (One’s the parking tax)
“Two Year-End Tax Law Changes – Nonprofit Law Blog” (One’s the parking tax). Nonprofit Tax Blog has an entry here.
“Becoming a Millionaire on a Pastor’s Salary”
“Becoming a Millionaire on a Pastor’s Salary” Trinity Foundation has a case study of high pastoral compensation and potential developments in the U.S. Senate here.
“Reporting Taxable Perks for Pastors—Q&A”: gym membership
“Reporting Taxable Perks for Pastors—Q&A”: gym membership. Clergy Financial Resources explains that a gym membership is a taxable, reportable perk.
“Dos and Don’ts of Cell Phone Deductions”
“Dos and Don’ts of Cell Phone Deductions” Clergy Financial Resources has a quick overview of how to properly deduct the cost of a cell phone used for work here.
“The Sale of Charitable Assets to a For-Profit – Nonprofit Law Blog”
“The Sale of Charitable Assets to a For-Profit – Nonprofit Law Blog.” The Nonprofit Law Blog has some tips
here.
here.
“Are Churches Legally Required to Issue Statements for Every Contribution?”
“Are Churches Legally Required to Issue Statements for Every Contribution?” ManagingYourChurch answers a question asking whether churches must issue receipts for gifts of as little as $10 here.