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References
Christian
Ministry Resources, P.O. Box 1098, Matthews, North Carolina
28106, (800) 222-1840.
Church
Treasurer Alert (a monthly review of accounting,
financial and tax developments affecting ministers and
clergy) $29.95 per year
Church Law
& Tax Report (a bi-monthly review of legal and tax
developments affecting ministers and churches) $39.00 per
year
Church and
Clergy Tax Guide (book, updated annually) $15.95
Complete
Handbook of Church Accounting, Holck, Manfred, Prentice
Hall, Inc.
ELCA
Board of Pensions has a web site which has many valuable
tools for congregational treasurers and bookkeepers. Topics
include clergy taxes and housing allowance,
tips
for benefits administrators, etc.
Income Tax
Guide for Ministers and Religious Workers, Worth Tax
& Financial Service, Box 725, Winona Lake, IN
46590, (219) 267-4687
The IRS has
released some new publications that may be of interest to
you:
Publication
4221, Compliance Guide for 501(c)(3) Tax-Exempt
Organization. This brochure explains disclosure rules,
record-keeping, and report filing rules that apply to
501(c)(3) organizations.
http://www.irs.gov/pub/irs-pdf/p4221.pdf
While not new,
IRS Publication 1828, Tax Guide for Churches and
Religious Organizations, is a very valuable resource.
http://www.irs.gov/pub/irs-pdf/p1828.pdf
Publication 1828 has also been
translated into Spanish.
http://www.irs.gov/pub/irs-pdf/p1828sp.pdf
This 25-page
document is a review of many of the IRS provisions,
regulations, and information that may be of assistance to
ELCA churches and related organizations. Topics include
explanation of the Group Ruling and tax exemptions,
unrelated business income tax (UBIT), political and lobbying
activity prohibitions, rules for withholding for ministers,
housing allowances, record and file keeping requirements,
substantiation rules as well as special rules limiting the
IRS authority to audit a church.
Revelations:
Church Administration Software,
www.revelations.com
, (800) 596-4266. Windows and Macintosh compatible.
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