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 […]
taxable
Should love offering contributions be included on the church member’s giving statement for tax reporting?
There is no rule saying that donations to a love offering can’t go through the church. The issue is whether the gifts are deductible as charitable contributions for the donor […]
My church gave our pastor a cash gift as a love offering. Does this have to be included on the W-2?
If cash is paid to the pastor through a love offering or other gift or bonus paid through the church, it is taxable income to the pastor and should be […]