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Financial

Lottie Moon gifts pouring in; missionaries hopeful

March 18, 2004

If initial projections hold, Southern Baptist giving to the 2003 Lottie Moon Christmas Offering (LMCO) will be up between 18 percent and 22 percent over

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Church, politics hurts tax status

March 13, 2004

The Internal Revenue Service has warned churches and other houses of worship they risk losing their tax-exempt status if they engage in partisan election-year politics.

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Gambling legislation steamrolling through State House

March 11, 2004

Legislation calling for the expansion of gambling in Alabama landed in the State House March 2 and is moving at high speed. Proponents of legislation

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LifeWay trustees report revenue decrease

March 4, 2004

Ted Warren, executive vice president and chief operating officer, brought LifeWay Christian Resources trustees up to date on the company’s financial performance during its Feb.

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U.S. dollar value drops overseas, hurting international missions

March 4, 2004

The steep decline of the U.S. dollar’s value abroad may be helping American exports and trade deficits, but it’s also increasing the cost of doing

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Texas church may owe for back taxes

March 4, 2004

A small South Texas church could owe up to $10,000 in back taxes on two church-owned properties unless a county authority restores the facilities’ tax

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States not required to fund religious scholarships

March 4, 2004

The Supreme Court ruled Feb. 25 that, while the First Amendment may allow a state to fund scholarships to religious schools, it doesn’t require all

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Ministers Tax Guide ready from Annuity Board

February 26, 2004

DALLAS — The Annuity Board’s annual Ministers Tax Guide for 2003 Returns is now available in print and online at www.absbc.org. Free printed copies are

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