-
Recent Posts
Recent Comments
Archives
Categories
- 03 – March 2018 (1)
- 05 – May 2016 (1)
- 09 – September 2015 (4)
- 2014 (44)
- 01 – January 2014 (14)
- 03 – March 2014 (10)
- 04 – April 2014 (6)
- 06 – June 2014 (4)
- 07 – July 2014 (1)
- 08 – August 2014 (2)
- 09 – September 2014 (1)
- 10 – October 2014 (1)
- 11 – November 2014 (1)
- 12 – December 2014 (4)
- 2015 (33)
- 01 – January 2015 (10)
- 02 – February 2015 (6)
- 03 – March 2015 (6)
- 04 – April 2015 (1)
- 07 – July 2015 (5)
- 08 – August 2015 (4)
- 11 – November 2015 (1)
- 2016 (18)
- 04 – April 2016 (1)
- 06 – June 2016 (1)
- 07 – July 2016 (1)
- 09 – September – 2016 (1)
- 10 – October 2016 (1)
- 11 – November 2016 (1)
- 12 – December 2016 (9)
- 2017 (8)
- 01 – January 2017 (1)
- 10 – October 2017 (1)
- 12 – December 2017 (6)
- 2018 (7)
- 01 – January 2018 (3)
- 02 – February 02 (2)
- 11 – November 2018 (1)
- 2019 (6)
- 01 – January 2019 (1)
- 03 – March 2019 (1)
- 09 – September 2019 (1)
- 11 – November 2019 (1)
- 12 – December 2019 (2)
- 2020 (5)
- 01 – January 2020 (1)
- 03 – March 2020 (3)
- 10 – October 2020 (1)
- 2023 (4)
- 01 – January 2023 (3)
- 02 – February 2023 (1)
- Cell Phones (1)
- Chaplains/Evangelists (16)
- Charitable Gifts (35)
- Church Loans (11)
- Credit Information (10)
- Expenses (23)
- Form 1099 (27)
- Form W-2 (88)
- Health Care (4)
- In the Know LIVE (2)
- Informational Manuals (39)
- Internal Revenue Service (183)
- Investments (27)
- Member Loans (2)
- Ministerial Housing Allowance (43)
- Ministers (132)
- National Debt (3)
- Pay Roll Taxes (28)
- Retirees (62)
- Retirement Contributions (56)
- Retirement Distributions (41)
- Social Security (26)
- Stock Market (10)
- Tax Information (205)
- 03 – March 2016 (1)
- Uncategorized (38)
- Webinars (1)
- Wills and Estates (10)
- Withdrawals (11)
Meta
Category Archives: 2016
Update on Constitutional Challenge to Housing Allowance
In an expected but unfortunate development, the Freedom From Religion Foundation filed a new lawsuit on April 6, 2016, challenging the constitutionality of the ministerial housing allowance under section 107 of the Internal Revenue Code. This lawsuit follows a similar … Continue reading
Year-End Contributions to Your Retirement Account
All pension contributions received in the Board’s office by the close of business on Thursday, December 29, 2016, will be posted to the participant’s account and will apply against the participant’s 2016 contribution limits. Contributions received in this office after … Continue reading
Year-End Contributions to Churches
As we approach the end of each year, there are always questions about the tax deductibility of charitable contributions made to local churches. The rule is relatively simple – donors must deliver or mail (with the postmark visible) checks on … Continue reading
Posted in 12 - December 2016, Charitable Gifts
Leave a comment
Contribution Limits for 2017
The Internal Revenue Service recently announced the new pension plan contribution limits for 2017. While there are many different limits that impact pension plans, the main limits that effect participants in the Ministers’ Retirement Plan are as follows: The salary reduction … Continue reading
IRS Announces 2017 Standard Mileage Rates
Running a little later than usual, the Internal Revenue Service recently issued the revised standard mileage rate which is used to calculate the deductible costs of operating an automobile for business purposes during 2017. Beginning January 1, 2017, the standard … Continue reading
Posted in 12 - December 2016
Leave a comment
Rate on Trustees Fund Set at 4% for 2017
In the recent meeting of the Board of Trustees of the Church of God Benefits Board, the entity charged with managing the Ministers’ Retirement Plan, the return on the Trustees’ Fund was set at four (4%) percent. For the past eight years … Continue reading
Posted in 12 - December 2016, Investments
Leave a comment
Holiday Hours
MERRY CHRISTMAS FROM THE BENEFITS BOARD!! Now that we are approaching the end of the month, the staff at the Benefits Board is making plans for Christmas and the end of the year. With minor exceptions, the Benefits Board will … Continue reading
Posted in 12 - December 2016, Uncategorized
Leave a comment
New Filing Date for W-2s and 1099s
With just a few days left before the new year, church treasurers are hopefully already making preparations to get out W-2s to employees, Form 1099s to independent contractors, and charitable receipts to all that may have contributed more than $250 … Continue reading
Posted in 12 - December 2016, Form 1099, Form W-2, Tax Information
Leave a comment
In the Know LIVE
Thursday, December 15, 2016 2:00 – 2:30 PM ET The end of the year and holidays are quickly approaching, but don’t let the stress of it all weigh you down. To relieve some pressure, join us on December 15th for … Continue reading
Posted in 12 - December 2016, In the Know LIVE
Leave a comment
Overtime Rules on Hold
On November 22, a federal judge in Texas issued a nationwide preliminary injunction to stop the U.S. Department of Labor from implementing the new overtime rules that were set to go into effect on December 1. Under the new rules, … Continue reading
Posted in 11 - November 2016
Leave a comment