Calendar of events

Problems with tax and finance in ministry are as old as the Bible. Even Nehemiah had tax problems, as his plans were hindered by grievances that King Artaxerxes was exacting too many taxes. (Neh. 5: 4-6)

In today’s environment, regulatory compliance in ministry has become increasingly complex. Some consultants would capitalize on this complexity by raising fear in ministry leaders that they could unwittingly face penalties or prosecution, putting themselves and their ministries
at risk.

This workshop attempts to alleviate fears regarding the daunting task of administration and compliance with IRS and other regulatory authorities. We offer a balanced approach to these issues, based on a timeless principle – when all else fails, read the instructions and seek counsel (Prov. 15:22). A comprehensive syllabus, with instructions, is included for all participants.

Making Sense of Tax Rules for Churches (9:00–10:15)
The real facts about church IRS audits
Jeopardizing your 501(c)3 status—Private inurement,
excess benefit transactions, and intermediate sanctions
IRS reporting requirements for churches and religious organizations

Issues Relating to Compensation for Pastors and Staff (10:30-12:00)
Understanding the difference between employee and independent contractors - ramifications, reporting requirements, current IRS compliance efforts
Compensation packages—benefits, retirement, insurance, fringes, accountable plans
Requirements for electing out of Social Security and
protecting the housing allowance
How to mitigate an IRS audit of your pastor and licensed staff

Lunch (12:00-1:30 on your own)

Creating Policies to Protect Your Ministry (1:30-2:50)
Accounting for contributions and the newest rules—The perpetual problem of designated gifts, IRS reporting requirements
Compliance checklists—tax, legal, regulatory areas
Record keeping, storage, and retention policy
Review of critical policies and forms every church needs

Tax Updates and Discussion Time (3:00-4:00)
Most recent changes in tax rules and court cases relating to churches and clergy
Open forum to ask about topics not covered in material

Registration Information

Registration cost is $125 per day or $199 for both days per individual. Register three from your ministry for both days for $525. Full payment due upon registration. Forms received without payment cannot be processed. Registration deadline is October 24, 2008. Call for last minute registrations. Sessions begin at 9 A.M. and end at 4 P.M. both days.

Registration Form

Print, Complete, and Mail or Fax

Name_________________________

Address________________________

City___________State___Zip_______

Telephone__________________________

Email______________________________

Ministry Name_______________________

Address________________________

City___________State___Zip_______

Days Attending Seminar (Circle) Day 1 Day 2

Payment Method:

Check:

Check Number_______ Check Amount_______

Credit Card:

Card Number______________________

Name on Card_____________________

Exp. Date________ Amount to Charge______

Signature____________________________

Truth Baptist Church, 60 Burnham Street South Windsor, CT 06074
http://www.truthbaptistchurch.org/directions.php

Please contact our office for hotels in the area that we would recommend.