NBUSA is here to help as the April 15 deadline for filing taxes approaches. The Minister’s Tax & Financial Guide from the Evangelical Council for Financial Accountability (ECFA) offers instructions to guide ministers through the returns and forms needed for tax filing, discusses topics like determining housing allowance, and even includes completed sample forms.
For church treasurers, the ECFA’s Church & Nonprofit Tax & Financial Guide explains IRS regulations that might be tricky and highlights forms churches are required to file.
Tax and compensation memos can also be found at nbusa.org. These informational booklets, reviewed by an independent CPA firm, can help ministers minimize taxes and better understand IRS regulations that apply to them.