Latest Updates
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Faith and Money: Affordable Care Act Tax Reporting
You may be aware that the Affordable Care Act includes provisions for reporting through the IRS both the offer and the use of employer-provided health care plans. Tax forms will be due to be filed for the 2015 tax year from our health care plan and from all employers with more than 50 full-time equivalent… Continue Reading→
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Faith and Money: Free Stewardship and Finance Webinar, January 7, 2016
Discipleship Ministries is hosting a free webinar January 7, 2016, for new members of Stewardship Teams, Finance Committees and Church Councils. If you are new to one of these committees in your local church, please consider tuning in for this webinar to learn some basics for your work as you begin this new role. Stewardship… Continue Reading→
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Faith and Money: Online Shopping & The UMC Market
We are nearing time for holiday shopping and we would like to encourage you to check out the UMC Market (umcmarket.org). This is a service available through the General Council on Finance and Administration’s Corporate Sponsorships Office that will partner corporate non-profit support programs with your local church. Online shoppers open an account (it takes… Continue Reading→
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Faith and Money: Proposed Changes to Overtime Regulations
You may have heard on the news recently that the Department of Labor has proposed changes to overtime regulations under the Fair Labor Standards Act. Some of the proposed changes include an increase to the salary limit for being considered an exempt employee and some changes in flexibility allowed with work schedules for many employees.… Continue Reading→
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Faith and Money: 2014 Connectional Giving
We are thankful for the continuing evidence of God’s abundant blessings in the NC Conference. The Conference Treasurer’s Office has closed out the 2014 apportionment year and is happy to report 91.88% of the budget apportioned during 2014 was received from local churches. Out of 788 churches receiving apportionments, 82% of them (648) paid 100%… Continue Reading→
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Faith and Money: Employer Payments for Medical Coverage
The General Board of Pension and Health Benefits has issued guidance for churches concerning the tax consequences of payments for medical coverage for employees that are not part of an employer group plan. Effective January 1, 2014, direct reimbursement or payments made directly to an insurance or medical care provider for an individual health insurance… Continue Reading→

