If not, should you be? That is the question the IRS will spend a lot of time trying to answer in the next couple of years. The IRS's overseer, the Treasury Inspector General for Tax Administration (TIGTA), recently audited the IRS. The TIGTA said the IRS should take steps to identify tax-exempt organizations that are […]
The IRS has issued the 2009 version of IRS Publication 919, How Do I Adjust My Tax Withholding? as a result of the "Making Work Pay" credit in the American Recovery and Reinvestment Act of 2009 (ARRA). Employees can use this publication to help them determine if their federal income tax withholding is sufficient, and, […]
… and charitable organizations make the 2008 list. The IRS listed the misuse of charitable organizations as one of the 12 most egregious tax scams by taxpayers. Abuse by donors who try to maintain control over donated assets or income from donated assets is just one example. Taxpayers are also claiming overvalued property donations for a larger […]
Churches and schools often have annual meetings or retreats that employees must attend. A source of irritation for employees can be the issue of pay — or no pay — for time spent attending meetings and training sessions. Tell employees they have to attend a meeting or training program, and the employees may raise questions […]
What’s the group in your church that has the real authority? Whatever you call them – Board of Deacons, Board of Elders, Pastoral Council, Leadership Team – you need to have them read this March 30th article from the Fort Worth Star Telegram – http://www.star-telegram.com/804/story/1288144.html Scary stuff! The IRS is starting to enforce rules regarding […]