Blog
Healthcare Implementation Delayed
Healthcare Implementation Delayed This isn’t “new” news anymore, but as we haven’t been on the blog in a while, we thought it important enough to post even if a bit delayed. As you may be heard, the federal government has decided to delay the full implementation of...
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 was quite a queue of tax...
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 an ongoing basis for ministry purposes(i.e. don’t...
Does the Affordable Care Act apply to your ministry?
We get asked this question a good amount as the law goes into effect less than a year from now. The very first place we go to answer that question is to determine if the ministry is a “Large Employer” and therefore, likely subject to the law. To be considered a...
Start of tax season delayed until January 30th
The IRS has announced that filing season will begin on January 30th for many taxpayers but not all. Not all forms will be updated by January 30th and thus not all taxpayers will be able to file. The IRS has not released a timeline for the form availability of those...
It’s 1099 Season here at ChurchShield
As the end of the year approaches, don’t forget that 1099’s are due January 31st. Our accounting department uses December to review which vendors our clients are missing W-9’s for so that we can get them collected them prior to the deadline. The penalty for not...
2013 Standard Mileage Rates
The standard mileage rate will increase 1 cent per mile on January 1, 2013 to 56.5 cents per mile. Medical and moving rates will also increase 1 center per mile to 24 cents per miles. The per mile rate for charitable purposes, which is set by statute, will remain 14...
Don’t Purchase Health Care by the Pound
We came across this article from Anthem BlueCross BlueShield about a changing perspective with regard to how we buy healthcare. We agree, simply paying more for health care doesn’t mean that you are getting better health care. Every employer’s health care situation...
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 expenses on two homes in the same year. ...
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 year end and it seems unlikely that it will be...