Register now for the upcoming Conference Board of Pension’s Pre-Retirement Planning Seminar on Thursday, April 29th – Friday, April 30th. See the Pensions page for more information.
Register now for the upcoming Conference Board of Pension’s Pre-Retirement Planning Seminar on Thursday, April 29th – Friday, April 30th. See the Pensions page for more information.
The 2010 remittance reports are now available on the District Remittances page of the Treasurer’s Office website. Churches can also view their individual statements by logging on to the Online Data Collection System and clicking on the Statements menu. These reports will be updated weekly throughout the year.
The deadline for completing statistical Tables I, II and III has been extended to February 15, 2010. Due to heavy usage during peak operating hours, data entry on the on-line forms is being delayed. Various memory and bandwidth issues are being resolved currently but are not producing the expected results in system performance. [...]
People who give to charities providing earthquake relief in Haiti can claim these donations on the tax return they are completing this season, according to the Internal Revenue Service. Taxpayers who itemize deductions on their 2009 return qualify for this special tax relief provision, enacted Jan. 22. Only cash contributions made to these charities after [...]
A video of the Local Church Treasurer and Finance Committee training event that was held on December 5, 2009 is available on the Conference website in the Video Room. The handouts to follow the presentation are available in the Training Materials section of the Treasurer’s Office website. The training event covered fraud survey [...]
Local churches and pastors are reminded that clergy compensation should be reported by the local church to the pastor on a W-2 form on or before January 31. In general, non-employees providing miscellaneous services to the church should receive a 1099-MISC reporting payments if payments are equal to or exceed $600 for 2009 by [...]
Statistical Tables I, II and III are now available on the Online Data Collection System for data entry. These tables are due to be completed by January 31, 2010. Please contact us at helpdesk@nccumc.org with any data entry problems or questions and contact our Conference Statistician at gspeake@nccumc.org with any questions on [...]
Local church pastors and trustees are reminded to consider Worker’s Compensation coverage as local church property and liability insurance needs are evaluated. Churches are required by NC law to have coverage if there are three or more regular employees (full or part-time). The NC Conference recommends coverage for all churches regardless of the [...]
Effective January 1, 2010, the business mileage rate will be reduced to 50 cents per mile. The new rate for computing deductible medical or moving expenses will be reduced to 16.5 cents per mile. The rate for providing services for charitable organizations is set by statute, not the IRS, and remains at 14 cents per [...]
Effective January 1, 2010, all congregations with pastors living in church-owned parsonages are asked to begin paying utilities for the parsonage directly to the utility company instead of through cash allowances to the pastor. Guidance on the details of doing this, including who this applies to, amounts, utility categories, etc., can be found on the [...]