Advantage Member Exclusive Getting 2021 Year-End Tasks Right On-Demand Webinar: CPA and attorney Richard Hammar lists eleven critical tasks to focus on as 2021 draws to a close. Richard R. Hammar
Are Churches Required to Issue Charitable Contributions Statements? What about a one-time donation of only $10? Are churches required to issue contribution statements for such small gifts? Matthew Branaugh
Tax Rules for Gifts of Personal Property Understand tax rules for gifts of public property and how churches can assist donors with compliance. Bobby Ross Jr.
How Long Should I Keep Income Tax Records? Know what to hold on to after your form is sent in. Richard R. Hammar
Should Noncash Contributions Be Included in Donor Statements? Discover the proper way to handle noncash contributions in donor statements with these IRS-compliant best practices. Elaine L. Sommerville
Are Mission Trips Tax Deductible? Key Guidelines for Churches Discover when mission trip expenses are tax-deductible and how churches can manage contributions effectively. Richard R. Hammar
Managing Credit Card Transaction Fees for Church Donations Understand how to manage credit card transaction fees for church donations effectively and ensure proper accounting practices. Michael E. Batts
Hosting a Music Group at Church: Legal and Clergy Tax Considerations Don't allow any performances until your sought guidance from a competent tax adviser. The Editors
Is Donated Parking Space for Churches Tax Deductible? Understand the rules for tax-deductibility of donated parking spaces for churches and the correct method to document contributions. The Editors
Can Churches Refund Charitable Contributions? Can a church refund charitable contributions? Discover legal considerations and best practices for handling refund requests. Richard R. Hammar
Managing Church Employee Credit Card Charges How do handle undocumented charges on the church credit card. Richard R. Hammar
Reimbursing Lunch Expenses Churches should refer to an important Tax Court decision when reimbursing lunch expenses. Richard R. Hammar