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Larry Cheek on The Preacher Search: Lessons for Churches Searching for Preachers, Part 4
Jim on The Preacher Search: Lessons for Churches Searching for Preachers, Part 3
Alabama John on The Preacher Search: Lessons for Churches Searching for Preachers, Part 1
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Jay Guin on The Preacher Search: Lessons for Churches Searching for Preachers, Part 4
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Category Archives: Taxes
Law: So You Want to Start a Church? Part 2
What do incorporation and filing for a 501(c)(3) ruling involve? To incorporate and obtain an IRS ruling of 501(c)(3) status is a substantial piece of work. Here are the steps: 1. Prepare articles of incorporation under the best available authorizing … Continue reading
Posted in All, Church Finances and Business, Taxes
7 Comments
Law: So You Want to Start a Church? Part 1
I get this question quite a lot, and so I thought I’d answer in a post, as there are probably a lot of people who could benefit from the answer. I’m planning to start a new church. How do I … Continue reading
Posted in All, Church Finances and Business, Taxes
4 Comments
Taxes for Missionaries: IRS Gives Grace for Failure to File an FBAR
A “United States person” is required to file a Report of Foreign Bank and Financial Accounts (“FBAR”) if the citizen has a financial interest in or signature authority or other authority over any financial account in a foreign country, if the … Continue reading
Posted in All, Taxes
3 Comments
The Housing Allowance: Who Qualifies?
[This is an usually long post, but I couldn't think of a way to split it. It's a complicated topic.] For what ought to be a very simple concept, the housing allowance can be surprisingly difficult to apply in a … Continue reading
Posted in All, Taxes
2 Comments
The Housing Allowance: May a Female Children’s Minister Claim the Housing Allowance?
Increasingly, Churches of Christ are hiring women as “ministers” — typically as children’s ministers but also in other capacities. This gives rise to the question: May they claim the housing allowance? The Internal Revenue Code allows a “minister of the … Continue reading
Posted in All, Taxes
20 Comments
Taxes for Foreign Missionaries: Ireland
I get emails – Let’s say we raise $X a year and live in Ireland for about 330 days a year, what portion of that income do we pay Social Security on? What portion do we pay federal income tax … Continue reading
Posted in All, Taxes
2 Comments
Taxes for Foreign Missionaries: Foreign Bank and Financial Account Reporting
Foreign missionaries often maintain accounts with foreign banks or other financial institutions. Sometimes they maintain a working fund in a local bank. Sometimes it’s just a family bank account. Or maybe it’s an account for a church or charity that … Continue reading
