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IRA distributions are treated differently for tax purposes (for the donor) and should not be lumped together with regular contributions. This document provides more information about how to acknowledge those […]
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Churches sending acknowledgement letters to their donors should remember the following substantiation requirements held by the IRS. Please reference IRS Publication 1771 for more information on record keeping rules and what to include in […]
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No, a check received in January should be considered a current year contribution. According to the IRS, contributions should be deducted in the year delivered. If a check is hand […]
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No. This is not a pre-tax deduction. The church can do withholding for your contributions, but it will be considered taxable income and you may be allowed to take the […]
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No. It would still be taxable to the minister and would be added to Box 1 of the W-2. The power to dispose of income is the equivalent of ownership.

