Category Archives: Form 1099

Commission on Accountability and Policy for Religious Organizations

Posted on February 27, 2012 by benefitsboard

The Commission on Accountability and Policy for Religious Organizations (www.religiouspolicycommission.org) was formed following a staff report issued in January 2011 by U.S. Sen. Charles Grassley (R-Iowa) that focused on the financial practices of six high-profile media-based Christian ministries. After releasing … Continue reading →

Posted in Chaplains/Evangelists, Charitable Gifts, Expenses, Form 1099, Form W-2, Internal Revenue Service, Ministerial Housing Allowance, Ministers, Pay Roll Taxes, Retirees, Retirement Distributions, Tax Information | Leave a comment

Important Tax Information for Retirees

Posted on February 27, 2012 by benefitsboard

If you are receiving benefits from the old Aged Ministers’ Fund, you will not receive an IRS Form 1099 from Lincoln National Life Insurance Company or the Church of God International Office. They will not send you anything – just … Continue reading →

Posted in Form 1099, Internal Revenue Service, Ministerial Housing Allowance, Ministers, Retirees, Retirement Distributions | Leave a comment

Additional Tax Tips

Posted on January 31, 2012 by benefitsboard

During the holiday season in years past, each taxpayer use to receive another package in the mail from their favorite uncle. Yes, “Uncle Sam” use to send a package immediately after Christmas that contains your tax forms for filing your … Continue reading →

Posted in Form 1099, Form W-2, Internal Revenue Service, Tax Information | 1 Comment

Online Filing of Forms W-2 and W-3

Posted on January 31, 2012 by benefitsboard

Churches and other church-related employers, along with other businesses, may file Forms W-2 and W-3 electronically by visiting the Social Security Administrations’ website at http://www.socialsecurity.gov/employer/. On the website, you will need to select “Business Services Online (BSO)” and register as … Continue reading →

Posted in Form 1099, Form W-2, Internal Revenue Service, Pay Roll Taxes, Tax Information | Leave a comment

Employee (W-2) or Self-Employed (1099)?

Posted on January 31, 2012 by benefitsboard

If you are a pastor or employee of a Churchof Godchurch or related entity, you should receive a Form W-2 from your employer by no later than February 1. While many minister (and churches) continue to claim that the minister … Continue reading →

Posted in Form 1099, Form W-2, Ministers, Tax Information | Leave a comment

Save the Date

Posted on September 22, 2011 by benefitsboard

On Saturday, February 4, 2012, you will have the unprecedented opportunity to participate in a Best Practices Resource Workshop with noted author and Certified Public Accountant, Dan Busby. As the President of the Evangelical Council for Financial Accountability and author of … Continue reading →

Posted in Chaplains/Evangelists, Expenses, Form 1099, Form W-2, Informational Manuals, Internal Revenue Service, Ministerial Housing Allowance, Ministers, Pay Roll Taxes, Retirees, Retirement Contributions, Retirement Distributions, Tax Information | Leave a comment

Congress Repeals Expanded 1099 Reporting Requirements

Posted on April 21, 2011 by benefitsboard

In a vote earlier this month, the U.S. Senate overwhelmingly voted to repeal the expanded 1099 information reporting requirements that were included as part of the health care reform legislation passed in 2010. Several previous attempts to repeal this provision … Continue reading →

Posted in Form 1099, Internal Revenue Service, Tax Information | Leave a comment