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taxes

Wright explains what’s new in 2022 for ministers and taxes

February 16, 2022

Gas prices are higher and 2021 tax refunds might be delayed, but the news on taxes for ministers is not all bad for 2022. Lee

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GuideStone releases Ministers’ Tax Guide for 2021 Returns

February 11, 2022

GuideStone has released its most popular annual publication, the 2022 Ministers’ Tax Guide for 2021 Returns, available now for GuideStone participants at GuideStone.org/TaxGuide. The tax

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Proper budgeting, financial plan can benefit pastor, others

July 16, 2021

As churches approach traditional late summer/early fall budget planning, there are a number of ways financial and personnel teams can help their pastors, according to

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Churches and taxes: Attentive adherence to guidelines a must

June 19, 2021

New requirements from the IRS mean churches must be up-to-date and prepared to follow all guidelines. That was the message from Lee Wright, coordinator of

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IRS moves federal income filing due date to May 17; here’s what that means

March 19, 2021

The U.S. Treasury Department and IRS announced on Wednesday (March 17) that the federal income tax filing due date for individuals for the 2020 tax

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Start now on church-related tax tasks, CPA advises

November 4, 2020

While most individual taxpayers wait until January to begin putting their tax materials together, churches are advised to start getting their paperwork in order now.

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Churches must follow tax law in handling gifts

September 12, 2019

It’s a new day in charitable giving for a number of reasons — one being recent tax changes. “[The ‘Tax Cuts and Jobs Act of

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Impact of new federal Tax Cuts and Jobs Act remains to be seen

October 18, 2018

When it comes to charitable support in Alabama, higher education typically takes the prize for biggest gifts. But most giving is local, which is why

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