The 1095-B and 1095-C forms for 2017 have been submitted and will be printed and mailed by the filing service today or early next week. Remember, you are not required to have these forms in order to ... Continue Reading→
2017 Affordable Care Act Tax Reporting
As in previous years, here are the steps we are taking for Affordable Care Act tax reporting for our conference for 2017: The Conference will file 1095-B forms for all of our ... Continue Reading→
Openings still available for Treasurer Training on October 21st
There is still time to register for the annual Treasurer Training event to be held at the Methodist Building in Garner next Saturday, October 21st, 2017. Local church finance basics will be ... Continue Reading→
Update: 2016 Affordable Care Act Tax Reporting
The 1095-B and 1095-C forms are now printed and will be mailed by the end of this week. Please allow up to 10 business days for delivery. Remember, you are not required to have these forms ... Continue Reading→
2016 Affordable Care Act Tax Reporting
As in 2015, here are the steps we are taking for Affordable Care Act tax reporting for our conference for 2016: The Conference filed 1095-B forms for all of our participants on our ... Continue Reading→
Additional Tax Relief for those affected by Hurricane Matthew
The North Carolina Department of Revenue (NCDOR) has also announced special tax relief for victims of Hurricane Matthew in certain counties. Links to more information are below. NCDOR Provides ... Continue Reading→
IRS Warning: Beware of Phishing Email Schemes
The Internal Revenue Service issued an alert to payroll and human resources professionals yesterday to beware of an emerging phishing email scheme that purports to be from company executives and ... Continue Reading→
Charitable Contributions – Substantiation and Disclosure Requirements
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 ... Continue Reading→
2013 IRS Mileage Rates
The standard mileage rate for transportation or travel expenses is 56.5 cents per mile for all miles of business use (business standard mileage rate). See section 4 of Rev. Proc. 2010-51. The ... Continue Reading→
IRS Webinar for Churches and Religious Organizations
The IRS is presenting a free webinar for churches and religious organizations on Wednesday, July 25th at 2:00 pm Eastern time. Attend this webinar to learn: When it comes to taxes, what is a ... Continue Reading→