“Absent an accountable reimbursement arrangement, the Internal Revenue Service … views any reimbursed business expenses paid by an employer to an employee as nonaccountable. And this creates taxable income for the employee.” - C.Leaders
GuideStone announces release of its Ministers’ Tax Guide
“GuideStone Financial Resources has released its most popular annual publication, the 2024 Ministers’ Tax Guide for 2023 Returns prepared by Richard Hammar” - BPNews
Christians Urge Congress to Incentivize Charitable Giving
“As coronavirus spreads, churches, charities, and other non-profits face declining donations and rising demand for help.” - CToday
Congress nears repeal of tax on churches
“The House of Representatives voted 297-120 Tuesday (Dec. 17) for a spending bill that includes language rescinding a section of the Tax Cuts and Jobs Act of 2017 that requires houses of worship and other nonprofits to pay a 21 percent tax on such employee benefits as parking and transportation.” - BPNews
Missionaries who argued paying taxes is ‘against God’s will’ ordered to pay $1.6M
“A ‘brother’ and sister pair of Australian missionaries, who argued that it is ‘against God’s will’ to pay taxes to their government, were ordered by a court to pay more than $1.6 million they owed after they failed to convince the Supreme Court of Tasmania.” - Christian Post
No tax relief yet from Congress for churches
“Congress has failed, to this point, to heed the latest urgent request from a coalition led by the Southern Baptist Ethics & Religious Liberty Commission to rescind a provision in federal law requiring churches to file tax returns for the first time in American history.” - BP News
Adoption Tax Credit Saved by Both House and Senate
“A popular tax credit for adoptive families that was controversially cut by House Republicans in their initial tax reform plan has finally been restored.” CToday