There are ways to correct mistakes from the past. Get them corrected now, before an audit, and you will be OK.
Learn how to do your own IRS compliance audit without the costs of attorneys or CPA's. Getting your ministry in compliance with state and federal regulation will protect your ministry from legal and tax trouble.
New rules for board of directors require a balanced board. Each member must sign a declaration stating their active participation as well as having equal voting power among the others. Learn the other rules for board members.
According to new federal case law, offerings to a church that has not applied for 501(c)(3) status are no longer presumed to be tax exempt. They must file for 501(c)(3) in order to keep church members from losing their tax deductions in an audit or tax inquiry.
Did you know that current tax law allows churches to set up life-time, tax-free income for pastors and ministers when they retire?
A church in California decided that they needed to follow Scripture in removing some members from the church who were living lifestyles contrary to biblical standards. After being removed from the church, some of the members sued in court to be reinstated.
If your church pays the pastor's gas to cover his/her ministry travel expenses, chances are you are doing it wrong. This could cost the church and the pastor trouble under a simple IRS tax inquiry.
Can the church get in trouble for using designated offerings for different purposes? Many churches do not know when using a designated offering for other purposes is illegal and when it is OK. These question will get answered in detail at the conference.
A Community Development Corporation (CDC) could be the best way to raise all the funds you'll ever need for outreach? Many churches are doing it successfully! Learn how our founders did it and raised all the funds they needed to do all the church outreaches.
One U. S. District Court ruled that members of a church without 501(c)(3) status cannot get a tax deduction under an audit. This is a bad deal for churches and members without 501(c)(3) status.
Most churches are not aware that the housing allowance has been rewritten by congress. Under the new rules, most churches are no longer doing it right. This can be costly to ministers across America!
Any minister who properly opts out of social security will still receive social security benefits when he/she retires if he/she has at least 40 credits applied to his/her account. Find out how to do it the right way!
Under Section 7203, the church is required to issue a 1099-Misc to hired musicians and many others in the church. Failure to do so will result in fines to the church. The IRS is hot on this one.
Yes! Under Treasury Regulation 53.4958, the IRS can fine church officers and their family members severally up to $10,000.00 for mi-use of church funds even if it was unintentional. Learn how to protect your church officers.
If your church or ministry pays out reimbursements without adopting a Section 62 reimbursement plan, those that receive the reimbursement have to pay income taxes on it.
What you do not know CAN hurt you! Contrary to what some are saying, the IRS is not seeking to persecute churches, BUT they are seriously cracking down on the laws governing all nonprofit, tax-exempt organizations - including churches. The IRS Code contains 265 areas that pertain to churches...265! Some are trivial, while others could cost you big if you do not follow the law exactly. Given that the IRS has a goal to examine one out of three churches in America within the next five years, you must know how to protect yourself. You will learn:
During the conference we will cover many topics that are absolutely critical to operating your church or ministry in a way that simultaneously benefits the church and pastor while protecting all involved from the ever increasing scrutiny of the government, such as: