We believe all churches and clergy should get the tax, payroll and HR support they need. Explore the range of support plans which allows you to choose the best plan for you.   For more than three decades, churches and clergy have been turning to Clergy Financial Resources to get straight to their answers. Get the right level of support! We…

According to the IRS, how long to keep a document depends on the action, expense or event recorded by the document. Generally, keep records that support an item of income, deduction or credit shown on the tax return until the period of limitations for that tax return runs out. The IRS has provided the following…

A quid pro quo contribution is one that is made by a donor in exchange for goods or services. In some cases, contributions may include a quid pro quo contribution and a true contribution, e.g., a ticket for an event that includes a meal. A church or religious organization must provide a written statement to…

The IRS is warning people to beware of a new scam linked to the Electronic Federal Tax Payment System (EFTPS), where fraudsters call to demand an immediate tax payment through a prepaid debit card. This scam is being reported across the country, so taxpayers should be alert to the details. In the latest twist, the…

Qualified Small Employer Health Reimbursement Arrangements are now an easier and more cost-effective option for the church to reimburse employees for the cost of individual insurance plans on a pre-tax basis. If you are a small church (less than 50 employees and not subject to ACA coverage requirements) and you do not offer a group health…

There should be clear separation of duties between those responsible for handling and recording the income of the congregation and those responsible for handling the disbursements of the congregation. A strong system of internal controls safeguards the assets of the congregation and protects the character of the individuals handling cash or writing checks. The congregation…