January 26, 2022
News Briefs for Jan. 26
News briefs from NewThing, IDES, Milligan University, the Missouri Christian Convention, Christian Financial Resources, and more.
Articles for tag: IRS
February 2, 2019
How to Fund Your Ministry for the Long Term
7 Numbers that Explain the Benefits of Estate Planning By D. Clay Perkins Could your church or ministry use more money? Financial planning can advance your ministry, of course, but it can also benefit your donors! Effective leaders do the right things consistently. They focus, among other things, on achieving long-term financial health for the ministry they serve. Mission and passion drive leaders to serve, but those alone won’t make them succeed. We serve a heavenly purpose, but each of us faces an earthly reality. Cash flow is “king,” even for faith-based, nonprofit organizations. Positive cash flow can be elusive,
February 8, 2016
How Jesus Did Theology
By Casey Tygrett Jesus didn”t give us words about God. He lived as the Word of God. What does that show us about what impact God”s words should demonstrate in our lives? When I was a kid, I had an uncanny resemblance to my dad. Our facial structures, mannerisms, and senses of humor were so closely aligned that the folks in my small hometown knew whose I was before they knew who I was. They looked at me””my long angular nose and the way my eyebrows elevated and separated when I spoke””and they saw my father from years past. There
January 11, 2015
A Healthy Church Is a Giving Church
By Joe Putting “Suppose a brother or a sister is without clothes and daily food. If one of you says to them, “˜Go in peace; keep warm and well fed,” but does nothing about their physical needs, what good is it?” (James 2:15, 16). When I was growing up in the late 1960s, my dad exposed me to every western movie available. There was nothing quite like the drive-in theater experience. At some point in nearly every film, the good guys would circle the wagons to ward off the bad guys. Though this might sometimes be necessary, a group that
April 29, 2013
Milligan Students Provide a “˜Ministry of Justice”
By Jennifer Johnson In 1959, Congress discovered the tax code law was too complicated for the average citizen (there”s a surprise), so it commissioned the Internal Revenue Service to start a volunteer-based program to help the public complete tax forms. VITA, or Volunteer Income Tax Assistance, serves people with annual incomes of less than $50,000, anyone with a physical disability, non-English-speaking citizens, and people older than 55. The IRS trains the volunteers and stations VITA sites in libraries, schools, and malls. Dr. Harold Branstrator, assistant professor of business administration at Milligan College in Tennessee, worked as a revenue agent and
December 8, 2010
Upcoming Webinars Focus on Tax Changes for Clergy
Making correct IRS filings and minimizing taxes are important issues for ministries nationwide to consider early in 2011. The Evangelical Council for Financial Accountability (ECFA) will host live webinars Jan. 12 and Feb. 23 in which leading experts will discuss IRS requirements for congregations and tax changes for clergy. Participants in Jan. 12’s “Congregation Filing Issues for 2010 Data” webinar will learn how to correctly fill out IRS filings required of nearly every U.S. congregation. The requirements start with Form W-2, and–for many congregations–include various versions of Form 1099. Participants in Feb. 23’s “Clergy Tax Issues for 2010 Returns” webinar
October 8, 2006
Is the Church Getting Too Involved in Politics?
As Christians gain influence in elections and public debates, what happens to the church’s witness? Darrel Rowland warns against partisan entanglement and urges believers to separate political preferences from matters of faith.
