Treasurer's Tools:
Your Church Resources:
can be borrowed from the presbytery office or available by purchase/and/or subscription
2011 Church & Clergy Tax Guide by Richard Hammar, from Your Church Resources (yourchurchresources.com) - updated each year
"Church Law & Tax Report" - a bi-monthly review (journal)
Church Law & Tax Report - Your Charitable Contributions: 7 Things Every Church Member Needs to Know - inserts
CDs:
2011 Federal Reporting Requirements for Churches & Income and Expenses - Part 1:Introduction; Payroll Tax Reporting Part 1, 2, and 3; Forms 990, 990-t, 1098-C, and 8282. Part 2: Components of Taxable Income; Business Expenses - Reimbursing Expenses; Business Expenses - Local transportation, cell phone, travel, and entertainment expenses.
2011 Clergy Filing Procedures - Introduction with recent tax law changes; Who is a Minister? Form 1040 (line 7); Form 1040 (lines 8-76); Schedule A; Form 2106; Schedule C; Schedule SE; Form 1040-ES.
2011 Church Treasurer Update: Legal Developments for Church Treasurers - Cell phone expenses; Penalties for not issuing Forms W-2 or 1099-Misc; Healthcare Reform Legislation; Backup Witholding; Housing Allowances challenged in Federal Court; Working after retirement; IRS Rules that a church musician was an employee, not an independent contractor; Tax court addresses donations to needy persons and missionaries; Substantiating charitable contributions; mileage rates for 2011.
Federal Reporting Requirements for Churches & Income and Expenses for 2010
Church Treasurer Update 2010 - Overtime Pay Exemptions; Cell phone expenses; The new IRS Audit Guidelines for ministers; motifying your insurer of a loss; Sustantiating charitable contributions; President Obama's proposal to limit charitable contribution deductions; Working after Retirement; Mileage rates for 2010.
Church Leader Alert: Spring 2010 - Child Abuse Reporting Laws; Parliamentary Procedure; Hate crimes and religious expressioin; Accidents caused by teenage drivers; videos of church programs; restraining disruptive persons; sex offenders on probation
Church Leader Alert: Fall 2010 - How the Health Care Legislation Will Impact Churches and Church Staff: Part One and Part Two; Sex Offenders in Church; Legal Risk for church board members concerning sex offenders; The US Supreme Court Addresses Computer Privacy.
Books:
The Business of the Church: The Uncomfortable Truth That Faithful Ministry Requires Effective Management by John W. Wimberly, Jr. The author does a first-rate job connecting essential business functions to ministry starting from the the systemic nature of church and and moving through the day to day management of staff and money.
Board of Pensions:
"Assistance for the Treasurer" from the Board of Pensions Website. This booklet contains various helpful downloads from the pensions.org website. Many other downloads are available on the website.
"Federal Reporting Requirements for Churches 2010 Tax Year prepared by Richard R. Hammer, J.D., LL.M., CPA.
IRS:
Downloadable from the IRS website
"Employer's Tax Guide" (Circular E): "Publication 15" for use in 2011. This resource is also downloadable off the IRS website. The first half is full of valuable "How's, What's, When's, Where's, and definitions." The second half contains the Tax tables and rates. A new version is available each year.
"Employer's Supplemental Tax Guide" Supplement to Publication 15 (circular E), Employer's Tax Guide: "Publication 15-A" for use in 2011. This resource is downloadable off the IRS website and is a two part publication like Circular E. This supplement has a good deal of information concerning religious organization taxes.
Social Security and Other Information for Members of the Clergy and Religious Workers: Publication 517. For use in 2011
"Tax Guide for Churches and Religious Organizations" Publication 1828
Worker Classification: "Determination of Worker Status" - Form SS-8
"Independent Contractor or Employee..." Publication 1779
EDD:
- DE 231NP - Nonprofit and/or Public Entities
- DE 1SNP - Selection of Financing Method by a Nonprofit Organization Described in Section 501(c)(3) of the Internal Revenue Code
- DE 231SC - Specialized Coverage (Elective Coverage for Exempt Workers)
- DE 1378 - Application for Unemployment and Disability Insurance Elective Coverage for Employees Exempted under the California Unemployment Insurance Code
Worker Classification:
"Employment Determination Guide" - Form DE 38
"Determination of Employment Work Status" - Form DE 1870
"Information Sheet Employment" - DE 231
PC(USA):
"Financial Review Guide: An Annual Financial Review Committee Checklist" Compliments of Stewardship and Mission Funding
click "Treasurer's Manual" This manual is produced for the use of the Church Treasurers in the Presbyterian Church (U.S.A.) February 2009. Compiled by the Middle Governing Body Financial Network Group of the PC(USA)
Insurance Board:
10/13/2010 Insurance Board Webinar Series Powerpoint Presentation: Building Trust, Preventing Disaster - Financial Controls for Your Church
Valuable Websites:
www.ftb.ca.gov - California Franchise Tax Board
www.edd.ca.gov - EDD Website
www.edd.ca.gov/Payroll_Taxes/Web_Based_Seminars.htm - Employment Status Course
www.edd.ca.gov/Payroll_Tax_Seminars - Employee or Independent Contractor Tax Seminar
www.insuranceboard.org - UCCIB website for financial info - go to "safety solutions" and then "church management." you will find a good deal of valuable resources including a "Treasurer's Handbook" from the Disciples of Christ and a "Finance Handbook" from the UCC
www.irs.gov - Federal taxes
- Information may be found under Charities and Non-profits and under Small Business/Self-Employed
- Pub 1828 - Tax Guide for Churches and Religious Organizations
www.irs.gov/businesses/small/article/0,,id=172179,00.html - Employment Tax Center
www.pensions.org - Board of Pensions of the PCUSA
Financial Training Workshop Presentations - Sat, Oct 23, 2010
Budget Planning by John Misterly
The "Life and Flow" of Income and Expenses in the Local Church by Margaret Merhoff
Payroll Responsibilities for Churches by Amy Smith, IRS & Leticia Lozano, EDD
Risk and Insurance by Bill Douglass, ARM-P, CRIS
Occurence Claims Triggers by Bill Douglass, ARM-P, CRIS
Church Financial Reporting by Louis Kimes, Riverside Presbytery Treasurer
for subscriptions and purchases
