Category Archives: Uncategorized

IRS Announces 2020 Standard Mileage Rate

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 2020. Beginning January 1, 2020, the standard mileage rate for the use of … Continue reading

Posted in 01 - January 2020, 2020, Uncategorized | 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

Board Manuals Updated for 2018

With each New Year comes new rules and regulations and new contribution limits. Therefore, all the Benefits Board’s free educational manuals have been updated to take into consideration all relevant changes for 2018. From the Board’s web site, you can access … Continue reading

Posted in 01 - January 2018, 2018, Uncategorized | 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

In the Know LIVE Webinar

In the Know LIVE Webinar Thursday, August 4 2:00 – 2:30 PM EST Topic: Retirement Planning Everyone would like to retire comfortably, but sometimes the complexity and time required to build a successful retirement plan can make the whole process … Continue reading

Posted in Uncategorized | Leave a comment

General Assembly Week

The corporate offices of the Benefits Board and the Church Loan Fund in Cleveland will be open next week during General Assembly. While members of our staff will be available to talk with those attending the General Assembly in Nashville, … Continue reading

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Preparing a Digital Will

Over the years, we have stressed the necessity of having a will or trust in place to take care of your assets when you die. Without legal direction, upon your death the state in which you reside will determine who … Continue reading

Posted in 07 - July 2016, Uncategorized | Leave a comment