Category Archives: Tax Information

New Changes to Overtime Rules Adopted

Many church leaders think that the “wage and hour” laws, and particularly overtime pay rules, do not apply to churches. That could not be further from the truth. Churches and church employees are NOT exempt from the “wage and hour” … Continue reading

Posted in 09 - September 2019, Pay Roll Taxes, Tax Information | Leave a comment

Impact of Tax Reform Bill on Ministers and Churches

NOTE: Please see information below about new online calculators and W-4 Forms from the IRS. Also, join us at 2:00 pm ET on Thursday, March 8, 2018 for a one-hour live webinar on the Tax Reform legislation. As we have … Continue reading

Posted in 03 - March 2018, 2018, Internal Revenue Service, Tax Information | Leave a comment

Remember New Filing Date for W-2s and 1099s

Although we are only a few weeks into the new year, church treasurers hopefully have already given W-2s to employees, Form 1099s to independent contractors, and charitable receipts to all that contributed more than $250 at any one time to … Continue reading

Posted in 01 - January 2018, Internal Revenue Service, Tax Information | Leave a comment

Impact of Tax Reform Bill on Ministers and Churches

Congress ended 2017 by passing the largest tax bill in over 31 years. While many call this tax reform, in reality it was just tax legislation. On the positive side, the Benefits Board, with assistance from some of our Administrative … Continue reading

Posted in 01 - January 2018, Internal Revenue Service, Tax Information, 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

Tax Webinar Recording is Now Available for Viewing

Missed the latest In the Know LIVE Webinar?  We’ve got you covered. A recording of the In the Know LIVE Tax Webinar is now available for viewing on our website.  Simply go to www.benefitsboard.com, click on the Resources Tab, then Webinar Recordings.  A … Continue reading

Posted in 03 - March 2016, 2016, Ministers, Tax Information | Leave a comment

In the Know LIVE Webinar

In the Know LIVE Webinar March 30, 2016 2:00 – 2:30 PM EST Topic: Tax Filing Issues Tax season is here and Tax Day is quickly approaching.  Don’t let the pressure of preparing and filing weigh you down.  Relieve some … Continue reading

Posted in 2016, Tax Information, Uncategorized | Leave a comment