2021 Tax Updates for Churches

Year-end Tax & Accounting Update for Church Treasurers (01/23/21 Webinar Replay)

– Tax saving tips for ministers

– Structuring ministerial compensation packages

– Maximizing the ministerial housing allowance

– Fine tuning tax‐free employee reimbursements

– Car allowance or mileage reimbursement?

– Advantages and disadvantages of opting‐out of Social Security

– Offering tax free health insurance for employees

– Common payroll reporting errors

– Reporting cash & non‐cash contributions

– Form 1099s NEC and MiSC

– Applying for 501(c)(3) tax-exempt status

COVID-19 Tax Update for Churches
(01/23/21 Webinar Replay)

– Intro to CARES

– Payroll Protection Program Loans & EIDL Grants

– Employee Retention Credit

– Deferral of Payroll Taxes

– Relaxed Rules for Charitable Contributions

– Mandatory Sick/Family Leave Pay

– Consolidated Appropriations Act

Getting Started with FlockBase

Getting Started with Flockbase Part 1
(01/23/21 Webinar Replay)

Getting Started with Flockbase Part 2
(01/23/21 Webinar Replay)

– Full walkthrough from purchasing to reporting

– Explanation of certain features and why things are laid out the way they are