IRS Compliance Archives - Church Executive


When you present your ministry to a potential financial partner‭, ‬what will the lender look for‭?‬

By Dan Mikes You’ve been offering two or three weekend worship services for quite a while, you are regularly filling more than 80 percent of the seats available in your worship facility, and you are at maximum capacity in the children’s space.  Understandably, your leadership team has decided it is time to expand. 

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Clergy tax planning… there is a difference

By Louis P. Barbarin, CPA When it comes to taxes, clergy people often ask questions such as, “How can I save money or reduce my tax bill?” or “Will itemizing my deductions help reduce my tax bill?” or “How does the Housing Allowance affect my taxes?” You might not realize it, but tax planning for […]

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[Webinar] Leveraging the Cloud for Quick & Easy Financial Reporting for Faith-Based Organizations

Date: Wednesday, May 23 Time: 11 AM PT / 2 PM ET Cost: FREE As a faith-based finance organization, you need to provide up-to-the-minute, accurate information to a variety of stakeholders — pastors, ministers, program managers, and board members. But instead, you’re stuck with manual, Excel-based reporting, resulting in delays and inaccurate data. Learn why […]

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Will the Tax Cuts and Jobs Act affect YOUR CHURCH?

  On Dec. 20, 2017, Congress passed the Tax Cuts and Jobs Act (the “Act”) which represents the most substantial overhaul of the tax code since the 1990s. The Act brings significant changes to individual and corporate income tax filers. How will the Act affect tax exempt organizations — and specifically, religious organizations? Churches and […]

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When to choose a fund accounting solution

fund accounting software churches

Due to the nature of their work, churches are held to a high standard of accountability by internal and external stakeholders. Without a financial solution designed to comply with non-profit accounting standards, it can be challenging to demonstrate transparency and fiscal responsibility to constituents. While commercial accounting software can be configured to meet basic financial […]

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Intellectual property considerations for church leaders

By David O. Middlebrook Churches are some of the most creative places on earth. Every week, church staff is called upon to create sermons, songs, Bible and Sunday school lessons, music, books and teaching materials, and all other kinds of creative works. Churches routinely use media — such as movies and audio clips — to […]

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Get real-world, in-person church management training June 20-30 in Nashville!

Church executives of all types know that the church is, in some ways, a business. Whether you’re a lead pastor, executive pastor, business administrator or denominational official, you attend to congregational business of facilities, finances, human resources, information technology, and a host of other issues on a daily basis. For example, take a quick test […]

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A (financial) foundation to grow on

With six campuses, more than 36,000 active members, and 1,050 full-and part-time staff, Gateway Church in Dallas / Fort Worth simply can’t function at maximum efficiency without a streamlined, accessible and accurate accounting “engine” — something they didn’t have…until now. When Lead Director of Business Administration Monty Carpenter joined the Gateway staff in 2011, incredible […]

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3 myths of the 501(c)(3): When misunderstandings lead to misguidance

At our Ultimate Church Structure Conferences, I speak with many pastors who, unfortunately, have been misinformed about what 501(c)(3) tax-exempt status truly means and the impact it will have on their churches. Pastors often attend our conference in the hopes of clearing up doubts and questions that they’ve been riddled with regarding tax law and church compliance. For that very reason, I have listed below three of the most common misconceptions that I hear from pastors across the country regarding churches and 501(c)(3) tax-exempt status.

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Examining organizational structure — including (and especially) church members’ rights

There are more than 400,000 churches in the United States, each with its own governance structure and decision-making model. With so many different models and terminology used to describe church governance structures — elders, deacons, trustees, directors, pastor and apostle — it can be quite confusing to determine what’s the best and most biblically-sound corporate structure for your own church.

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