Tricky Transactions: Housing Allowance Rules and Bookkeeping
Mar 27, 2024
The provision of a housing allowance for ministers can be executed in two primary methods. The first method occurs when a church furnishes a parsonage...
Read moreThe provision of a housing allowance for ministers can be executed in two primary methods. The first method occurs when a church furnishes a parsonage...
Read moreThe Internal Revenue Service (IRS) has recently updated its standard mileage rates for 2024, marking significant changes impacting many taxpayers, inc...
Read moreA view that primarily advocates for the reliance on IRC §508(c) to achieve tax-exempt status for churches concerning federal income tax as they w...
Read moreWest Virginia Doesn't Let Churches Incorporate The title "Suing James Madison" is undoubtedly provocative. Still, it serves as a figurative gateway...
Read morePlanning for retirement can essentially be encapsulated by a simple sentence: "I choose to live with less comfort today so that I can enjoy greater co...
Read moreDecember is the Best Month For the Church to Close on Building It often surprises many churches that closing on a building purchase in December can...
Read moreGear up for the upcoming tax season and start the new year right, Pastor! Did you know you have more control over your tax outcome than you might real...
Read moreAs we stand at the threshold of a new year, it invites us to reflect upon the chapters of the past year. This contemplative moment encourages us, as i...
Read morePastor Dixon of Indianapolis Baptist Temple (IBT) decided his church would be a Free Church or a New Testament Church. This decision was based on the ...
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