Description: Year-end is a unique time because church leaders are working to complete major tasks for the current year, such as year-end giving, while positioning the church well for the next one, such as setting housing allowances for eligible ministers. In this episode, attorney Erika Cole discusses numerous end-of-the-year legal and tax compliance matters with attorney and CPA Richard R. Hammar.
Erika and Rich review several deadline-related tasks, plus other critical must-do items that typically require attention before December 31. Learn what should be handled well to make certain no requirements are missed and no opportunities are lost.
Show Notes:
Articles on ChurchLawAndTax.com
· Mastering Seventeen End-of-Year Tasks
· Designating a Housing Allowance for 2022
ChurchLawAndTaxStore.com
· 2022 Church & Clergy Tax Guide by Richard R. Hammar
· Charitable Contributions Tax Reminder 2021
IRS Resources
· IRS Publication 1828 Tax Guide for Churches and Religious Organizations
· IRS Publication 526 Charitable Contributions
· IRS Publication 1771 Charitable Contributions--Substantiation and Disclosure Requirements
Questions? We welcome them! Please email Erika Cole at contact@takethenextcall.com
See all episodes of Church Law.
The Church Law podcast is part of Christianity Today’s ChurchLawAndTax.com, a not-for-profit publishing ministry.
Erika E. Cole, Esq., known as The Church Attorney®, is one of only a handful of attorneys in the nation who practices exclusively in the area of church law. She currently serves as a senior editorial advisor for Christianity Today’s ChurchLawAndTax.com.
Headshot of Erika by Eagle Lens Media | Podcast Editing by Brian A. Brown
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