Category Archives: Uncategorized

New Credit Cards, Fraud/Liability, and Responsibility

To combat the problem of credit card fraud, credit card issuers in the US are now adopting the use of EMV or chip cards; the same type of credit cards currently used in almost every other country worldwide.  Instead of … Continue reading

Tags: , , , ,
Posted in Uncategorized | Comments Off on New Credit Cards, Fraud/Liability, and Responsibility

Can my church legally show the Super B*wl?

This is a re-port of a post from last year, but with the Super Bowl coming up this weekend, we thought it appropriate to post it again. In short, yes, but there are stipulations.  First off, it’s probably best to … Continue reading

Posted in Uncategorized | Comments Off on Can my church legally show the Super B*wl?

The Start Of Tax Season Will Be Delayed Next Year

The start of the 2014 tax filing season will be delayed up to 2 weeks due to the recent government shutdown.  The filing due date, however, will not be not be pushed back and will remain April 15, 2014.  More … Continue reading

Posted in Uncategorized | Comments Off on The Start Of Tax Season Will Be Delayed Next Year

IRS Now Accepting ALL Tax Forms

The IRS announced earlier this week that it is now accepting all forms but has also said that the Modernized e-File Production system is taking longer than normal to generate acknowledgement.  With the delay of the filing season, there surely … Continue reading

Tags: , , ,
Posted in Uncategorized | Comments Off on IRS Now Accepting ALL Tax Forms

Can my church legally show the Super B*wl?

In short, yes, but there are stipulations.  First off, it’s probably best to avoid the use of the term “Super Bowl” as it is protected trademark of the NFL.  Secondly, a church should only use equipment that it uses on … Continue reading

Tags: , ,
Posted in Uncategorized | Comments Off on Can my church legally show the Super B*wl?

Supreme Court Won’t Review Case Disallowing Minister’s Housing Allowance for Second Home

As you may be aware, there has been a court case bouncing around the courts the past couple years that pertains to minister’s housing allowance.  Last year a minister won a court case allowing him to exclude from income housing … Continue reading

Posted in Uncategorized | Leave a comment

Payroll Tax Cut Like to Expire

As you may recall, last year a payroll tax holiday was passed by Congress lowering the amount of Social Security tax paid by employees making less than $110,000 from 6.2% to 4.2%.  This tax cut is set to expire at … Continue reading

Posted in Uncategorized | Leave a comment

Your Choice of Delivery Service Matters

The Tax Court has ruled that your choice of delivery service to the IRS does indeed matter.  In a recent the case (Scaggs, T.C. Memo. 2012-258), the court ruled that using FedEx Express Saver Third Business Day was not an … Continue reading

Posted in Uncategorized | Leave a comment

The importance of donor letters

Just how important are those end of year donor letters and statements that charitable organizations send? Very important, according to the IRS. In a recent case, courts disallowed a charitable contribution deduction for a donor because of a defective donor … Continue reading

Posted in Uncategorized | Leave a comment

Are love offerings taxable to the recipient?

Churches sometimes collect “love offerings” from the congregation for a pastor to honor and bless the individual for their service to the church. When the collected funds are given to the pastor, they must be reported as taxable income. If … Continue reading

Posted in Uncategorized | Leave a comment