IRS Issues Simplified Per Diem Rates
Employers may pay a per-diem amount to an employee on business-travel status instead of reimbursing actual substantiated expenses for away-from-home lodging, meal and incidental expenses.
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Court Affirms Churches are Exempt From Withholding FICA Tax From Ministers
Individuals who qualify for ministerial status for tax purposes are never subject to FICA-type (Federal Insurance Contributions Act) social security, and churches (and other employers) should never withhold FICA-type social security from a minister’s compensation. This is because qualified ministers are always subject to SECA-type (Self-Employment Contributions Act) social security, calculated on Schedule SE.
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Key 2021 Tax Items are Calculated
Many tax items are adjusted annually for cost-of-living increases based on the Consumer Price Index (CPI) for the 12-month period ending August 31. Since the August 31 CPI data has been released, Thomson Reuters Checkpoint has calculated the 2021 indexed amounts.
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ZimZam Global Becomes an ECFA Accredited Organization
PHOENIX, AZ – The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of ZimZam Global of Phoenix, AZ.
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Winchester Rescue Mission Becomes an ECFA Accredited Organization
WINCHESTER, VA – The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of Winchester Rescue Mission of Winchester, VA.
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Twelve21 Global Becomes an ECFA Accredited Organization
GARLAND, TX – The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of Twelve21 Global of Garland, TX.
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The Fostering Collective Becomes an ECFA Accredited Organization
TYLER, TX – The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of The Fostering Collective of Tyler, TX.
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Street Hope TN Becomes an ECFA Accredited Organization
POWELL, TN – The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of Street Hope TN of Powell, TN.
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Pregnancy Help Center Becomes an ECFA Accredited Organization
YOUNGSTOWN, OH – The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of Pregnancy Help Center of Youngstown, OH.
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Parkgate Health Services Becomes an ECFA Accredited Organization
TUPELO, MS – The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of Parkgate Health Services of Tupelo, MS.
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