A conflict of interest presents itself when a person who has a significant relationship with the church may also receive a benefit from something the church is doing.  The person may be able to obtain some personal benefit from these circumstances.  For example, the church’s lead pastor may also serve on the church’s board. Whenever…

 Much like the United States government traces its authority back to the U.S. Constitution and subsequent statutes, each church traces its authority from its primary governing documents: Formation document (Articles or Certificate of Incorporation) and Bylaws.  The formation document acts like a church’s constitution, and the bylaws act like the church’s statutes. These governing documents…

Churches sometimes pay money to people out of a desire to be helpful and gracious.  But precautions must be taken!  Be careful when your church pays money to any individual.  Any time a person receives money from a non-profit organization, like a church, the money must be spent in a way that is consistent with…

Congress for granting a five-year extension to a temporary tax exemption that allows employers to pay up to $5,250 annually toward each employee’s student debt on a tax-free basis. Employers looking to provide any of its workforce tax-free assistance with student loan debt should check and see if they have an existing 127 education assistance…

There’s no sure way to avoid an IRS audit of your tax return, but these red flags could increase your chances of drawing unwanted attention from the IRS. The IRS audited only 0.4% of all individual tax returns in 2019. The vast majority of exams were conducted by mail, which means that most taxpayers never…