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 […]
Announcements
Faith and Money: Health Care Tax Credit Refunds Still Available
The Affordable Care Act offered non-profits up to a 25% refund of healthcare expenses incurred on behalf of clergy and lay employees. Many of our churches have filed for all […]
Faith and Money: Tax Reminders
It is a busy time for church treasurers in January as you begin preparing for tax reporting this month. This is a reminder of a few helpful hints for you […]
Faith and Money: Clergy Housing Allowance Ruling
On November 21, 2013, a federal district court judge in Madison, Wisconsin held that a portion of Section 107 of the tax code is unconstitutional. Specifically, it was the portion […]
Faith and Money: UMC #GivingTuesday
A great opportunity to support the ministry or mission that God has led you to is coming up on Tuesday, December 3, 2013. On that day, donations given through the […]
Faith and Money: Health Care Reform 101
There is a lot of talk lately about the upcoming implementation of some of the first phases of health care reform. No matter which side of the political spectrum you […]