All posts from “IRS”

IRS Commits to Auditing Churches

August 5, 2014 10:05 AM

Editor's Note: In a story released on July 25, CT's Gleanings reported, "The Internal Revenue Service (IRS) has agreed to investigate the political activity of churches after reaching a settlement with an atheist legal group." According to the report,...

Q&A: Rules Covering Opting Out on Social Security

April 8, 2014 8:00 AM

Q: I have been a pastor for 15 years. In the beginning of my pastorate, I received some confusing information from the IRS about opting out of social security, so I never did. I recently became ordained in the denomination...

Monday Church Management Roundup: 3/31/14

March 31, 2014 8:00 AM

Internal Revenue Service. Kiplinger's Personal Finance Adviser reports: "Don't expect much in the way of service from the IRS this filing season. Budget cuts have forced the agency to pare back on services that filers have relied upon in...

10 Tips to Avoid Common Tax Mistakes

March 20, 2014 8:00 AM

The IRS urges taxpayers to review their tax returns for common errors that could delay the processing of their return and refund. Here are ten ways to avoid mistakes: File electronically. If you choose to e-file, many of the...

Should Ministers Prepare Their Own Tax Returns?

March 13, 2014 8:00 AM

Ministers can prepare their own tax returns. While ministers' taxes present several unique rules, these rules are not complex. Unfortunately, many people confuse uniqueness with complexity. With a little effort most ministers should be able to comprehend these rules sufficiently...

Watch Out for Tax Scams

March 11, 2014 11:00 AM

Each year, the IRS releases its "Dirty Dozen" list of top tax scams. Here are the 12 scams you and your church should watch out for this tax season: Identity thefts Pervasive telephone scams Phishing False promises of "free...

Monday Church Management Roundup: 3/10/14

March 10, 2014 8:00 AM

New IRS requirement affects many churches. "Any church that has employees, files employment tax returns, or has a bank or brokerage account, must have an 'employer identification number' (EIN). This includes nearly every church in the United States," writes...

Why Pastors Must Pay Federal Income Taxes

March 6, 2014 8:00 AM

Ministers are not exempt from paying federal income taxes. Since 1943 (Murdock v. Pennsylvania, 319 U.S. 105), the United States Supreme Court has ruled that the First Amendment guaranty of religious freedom is not violated by subjecting ministers to...

Monday Church Management Roundup: 3/3/14

March 3, 2014 8:00 AM

Bad records prove costly. Church business administrators often lament the resistance they encounter from pastors and staff when it comes to requesting meticulous expense reports, including receipts. A recent U.S. Tax Court decision may help administrators make their case....

Politics and Your Church

February 25, 2014 8:00 AM

Editor's note: A church newsletter recently featured an invitation to a luncheon for a political candidate, who is also a deacon at the church, and this raised concerns that the church isn't following the IRS restriction for tax exempt...

How to Prepare W-2s for Church Employees, Including Ministers

January 28, 2014 8:00 AM

Churches need to report each employee's taxable income and withheld income taxes as well as Social Security and Medicare taxes on Form W-2, and furnish copies B, C, and two of the 2013 Form W-2 to each employee by...

Justice Department Appeals Wisconsin Clergy Housing Allowance Ruling

January 24, 2014 2:22 PM

Richard Hammar, senior editor of Church Law & Tax Report and ChurchLawAndTax.com, reports the Justice Department filed a notice of appeal this afternoon in the Wisconsin clergy housing allowance case. In late November, a federal district judge ruled the housing...

Monday Church Management Roundup

January 20, 2014 8:00 AM

Want to serve your congregation better? Offer fewer options. "The church needs to get back to majoring in what it does best. Modern church bulletins often blend essential church functions and an eclectic mix of opportunities. ... The average...

IRS Announces 2014 Mileage Rates

December 16, 2013 9:00 AM

The IRS recently announced the new standard mileage rates for 2014. The reimbursement rate for business mileage is .5 cents less than the 2013 rate. Effective January 1, 2014, the standard mileage rates for the use of a car,...

Q&A: Hosting a Music Group at Church

December 12, 2013 8:00 AM

Q: I'm a pastor of a local church and have some questions about groups and individuals that come to the church to do musical performances. I'd like to know what our requirements are as a church regarding the legal...

Five Takeaways from the November 2013 Housing Allowance Ruling

November 25, 2013 11:59 AM

UPDATE (12/2/13): Below are five immediate takeaways from Richard Hammar on the November 22, 2013, ruling on clergy housing allowances by a federal judge in Wisconsin. Rich goes deeper on these five, plus five more, in the January/February issue of...

Commission Recommends: Loosen Church's Political Speech Restrictions

November 5, 2013 8:00 AM

Editor's Note: Michael Batts is an Editorial Advisor for the Church Law & Tax Group, which publishes ManagingYourChurch.com. Michael also served as the chairman of the Commission on Accountability and Policy for Religious Organizations. Richard Hammar, senior editor of...

Churches: The IRS is Substantially Closed, But Your Obligations Remain

October 2, 2013 8:00 AM

Editor's Note (10/17/2013): Congress passed a bill last night that ended the shutdown. President Obama signed the bill ahead of the default deadline that loomed at 11:59 p.m. Due to the lapse in federal government appropriations (the so-called "government...

Q&A: Our Pastor Died—Can We Financially Help the Spouse?

August 27, 2013 8:00 AM

Q: A pastor passes away. The church wants to give the widow a small amount of monthly income for the remainder of the year. How is this gift treated from a tax standpoint? A: It is best to treat...

Q&A: Should This Pastor's Car Repair Reimbursement be Taxed?

July 23, 2013 8:00 AM

Q: I need help with a question regarding money requested for our Deaf Church Pastor for car repairs. The Deaf Church Committee voted to reimburse him for the car repairs but since this is not an actual church expense,...

"Play or Pay" Health Care Penalty Delayed

July 8, 2013 11:33 AM

The Obama Administration announced on July 2 a one-year delay in the effective date of a major component of the Patient Protection and Affordable Care Act requiring employers with at least 50 workers to offer health coverage or be exposed...

Should Churches Reject Tax Exemption, As Huckabee Suggests?

June 12, 2013 3:32 PM

Mike Huckabee raised an intriguing, provocative question on Monday while addressing pastors ahead of the Southern Baptist Convention annual meeting in Houston: Should churches reject their tax-exempt status as a way to break free of government oversight and restriction?...

Q&A: Which House Qualifies for the Housing Allowance?

June 11, 2013 8:00 AM

Q: I know the recent Driscoll decision means a pastor can't claim two homes for his or her housing allowance. In a situation where a pastor answers a call in one state, but his or her family stays behind...

State Appeals Court: Church Should Pay Property Tax

April 17, 2013 8:00 AM

On the heels of last week's news regarding an Indiana study that showed one in four government leaders favored payments of some type by churches in exchange for their tax-exempt statuses comes this online column by Peter J. Reilly of...

Indiana Government Survey: 1 in 4 Say Churches Should Make Payments

April 9, 2013 9:51 AM

A 2010 survey of local government leaders in Indiana shows one in four want churches to make “payments” or provide services in exchange for receiving tax exemptions on their properties. The survey results, released for the first time on Monday,...

The Top 12 Tax Scams for 2013

April 8, 2013 8:00 AM

The IRS recently released its annual list of the "dirty dozen" tax scams. Knowing about these scams can help church leaders avoid falling into these traps. Identity theft and phishing are still the top two, and many of the...

What's Next: Should We Use Interns and Residents?

April 4, 2013 8:00 AM

Editor's Note: This is the third in a series of guest posts from Dave Travis' book, What's Next?:2012 Edition. The first post addressed church finances and the second post addressed financial accountability. Travis is CEO of Leadership Network. Where will...

What's Next: Transparency is the Order of the Day

March 28, 2013 8:00 AM

Editor's Note: This is the second in a series of guest posts from Dave Travis' book, What's Next?:2012 Edition. The first post addressed how much--or little--the economy is to blame for church failures. Travis is CEO of Leadership Network. Here...

When You Need Outside Help for Taxes

February 25, 2013 8:00 AM

A brief Q&A recently featured in The Wall Street Journal offers tips for what to look for in a tax preparer. Many people hire someone to help them file their returns these days, the author notes, mostly because of the...

Are Designated Gifts for Individuals Tax Deductible?

February 14, 2013 8:00 AM

It's a common scenario at local churches across the country: A member faces a significant medical condition, racking up major debt in the process. Others at the church learn of this challenge and wish to help. Can they donate to...

Commission Releases First Report on Church Accountability

December 4, 2012 2:54 PM

An independent commission formed by the Evangelical Council for Financial Accountability at the request of Sen. Charles Grassley, R-Iowa, in January 2011 issued its first public findings today through a 91-page report that is available for free download. The report...

Q&A: Is a Love Offering Tax Deductible for the Donor?

December 4, 2012 8:00 AM

Q: I realize love offerings need to be included in a pastor’s taxable income, however, should an individual receive tax-deductible credit for their gift if the church board authorized the collection? Also, what if an individual gives a love gift...

Q&A: Are "Love Offerings" for Church Staff Taxable?

November 8, 2012 8:00 AM

Q: I recently read an article about when churches give Christmas gifts and have a question. If a church takes up a love offering at Christmas for its pastor and staff, is that reportable as income? This would not come...

The No-Stress Audit

October 30, 2012 8:00 AM

Most church staffs dread an audit. Disturbing questions surround the experience: Does the IRS distrust us? Will we have to pay more out of our already slim budget? Thankfully, much of this worry is unwarranted. Most church tax returns are...

Can’t Pay Your Taxes?

October 16, 2012 8:00 AM

Many pastors have been audited by the IRS and assessed several thousands of dollars of taxes and penalties but have no prospect for paying their bill. What can be done if you find yourself in this situation? There are...

Your Turn: Will Your Church Get Political?

October 11, 2012 8:00 AM

With Election Day less than a month away, discussion about the role of churches in the political realm remains robust across the country. Last week's "Pulpit Freedom Sunday," conducted by the Alliance Defending Freedom, drew nearly 1,500 participating churches, the...

Supreme Court Won't Hear Housing Allowance Case

October 2, 2012 12:00 PM

The U.S. Supreme Court denied a petition on Monday to take up an appeal by a minister who claimed an income tax exclusion for two homes. In late 2010, the U.S. Tax Court ruled that federal tax law does...

Preventing Payroll Mistakes

October 2, 2012 8:00 AM

When Christianity Today and Brotherhood Mutual Insurance Company sponsored a webinar featuring Richard Hammar on Prevent Payroll Mistakes: What Churches Need to Know, a record number of church leaders registered for the event. That's likely because payroll taxes present...

Can We Amend the Pastor's Housing Allowance?

August 30, 2012 8:00 AM

Q: Our church designates, in writing, a housing allowance for our pastor on an annual basis (usually late November for the upcoming fiscal year—for example in November 2011 we submitted our proposed budget for 2012). We now have a member...

The Politics of Religion

August 27, 2012 8:00 AM

We've recently looked at the political activity of churches. In the upcoming September/October 2012 edition of Church Law & Tax Report, Rich Hammar revisits what the Internal Revenue Service says is--and isn't--allowed by churches when it comes to political candidates...

Properly Documenting Donors' Contributions

August 16, 2012 8:00 AM

In the August 2012 edition of Church Finance Today, Richard Hammar examines a recent, high-profile case involving a couple whose substantial contributions to a church were denied tax deductibility by the Internal Revenue Service: A married couple (the “taxpayers”) timely...

Q&A: Is Benevolence for a Church Employee Taxable?

July 19, 2012 8:00 AM

Q: Can a church give a cash benevolence gift to an employee? And is it taxable income? A: Yes and yes. For better or worse, churches seem to attract needy employees. They may need their car repaired or have...

Should Churches Be Involved in Politics?

July 2, 2012 8:00 AM

On Father’s Day, numerous churches in Maine used their offering time to take up collections for a political action committee (PAC) campaigning against a same-sex marriage referendum on that state’s ballot. An article on ChristianityToday.com points out such an...

Health Care Ruling Preserves Credit for Churches

June 28, 2012 10:34 AM

This morning's Supreme Court decision to largely uphold President Obama's health care reform legislation appears to preserve a health insurance credit for small employers, including churches, to help cover the costs of providing coverage to employees. This means churches that...

Proper Payroll Withholdings Critical for Churches

March 1, 2012 8:00 AM

The recent payroll tax holiday extension keeps a 2-percent reduction for employee and clergy Social Security withholdings in place throughout 2012. We've already covered what those rates should be on paychecks. But the reason why it is so important for...

IRS Releases Latest "Dirty Dozen" Tax Scams

February 28, 2012 8:00 AM

Each year, the Internal Revenue Service releases the top twelve tax scams that individuals, nonprofits, churches, and businesses should watch for and avoid. The newest list, issued by the IRS this month, reveals the latest "dirty dozen": Identity Theft...

Congress Extends Payroll Tax Holiday Through 2012

February 21, 2012 1:01 PM

Congress on Friday voted to extend the payroll tax holiday through December 31, 2012, adding an extra $20 per week on average to paychecks for 160 million workers. President Obama previously pledged to sign any extension into law once...

17 Ways the Church May Become Accountable to the State

February 21, 2012 8:14 AM

Should the IRS form an advisory committee to oversee church tax law? Is the clergy housing exclusion constitutional? To what extent should churches be accountable to the government for the way in which they operate? These are three of the...

Commission on Financial Practices Seeks Input from Churches

February 16, 2012 8:00 AM

A little more than a year ago, Sen. Chuck Grassley (R-Iowa) asked the Evangelical Council for Financial Accountability to oversee an independent commission tasked with evaluating several financial and tax matters related to churches and nonprofit ministries. The goal: Determine...

Extension of Payroll Tax Holiday Appears Likely

February 15, 2012 12:32 AM

Congress appeared close late Tuesday to passing an extension of the payroll tax holiday through December 31, 2012, for millions of workers. A bill may be finalized Wednesday and put before President Obama for signature by the end of the...

Appeals Court: No Housing Allowances for Two Homes

February 9, 2012 9:21 AM

A federal appeals court ruled Wednesday that the ministerial housing exclusion in the Internal Revenue Code is indeed limited to a single home. The ruling overturns a split Tax Court decision (Driscoll v. Commissioner, 135 T.C. No. 27 (2010)) in...

Penalties Double for Late 1099s

January 23, 2012 8:00 AM

Editor's Note (02/21/12): A previous version of this post incorrectly stated the deadline for Form 1099s that are mailed. The correct dates are now shown in the post. Form 1099s that are mailed are due on February 28, 2012, for...

Year End Giving

December 29, 2011 8:00 AM

December often brings more contributions to churches than any other month. Be prepared to handle year end contributions accurately by listening to Richard Hammar describe a number of important rules that apply to year end giving in the video below:...

Payroll Tax Cut Temporarily Extended into 2012

December 27, 2011 4:15 PM

After weeks of debate, Congress has finally resolved the question of whether or not to extend the payroll tax holiday that was enacted in 2011. From now until at least February 29, 2012, nearly 160 million workers will benefit from...

December Tax Tip: Note New Withholdings for 2012

December 22, 2011 8:00 AM

Beginning on January 1, churches having nonminister employees (or a minister who has elected voluntary withholding) should begin withholding federal income taxes according to the new tables and instructions contained in the 2012 edition of IRS Publication 15 (Circular E)....

December Tax Tip: Plan Now to Reclassify an Employee

December 15, 2011 8:00 AM

If you have a minister or lay worker who is treated as self-employed for federal income tax reporting purposes, but who you would like to reclassify as an employee, the ideal time to make the change is on January 1...

IRS Announces Recommended Mileage Rates for 2012

December 12, 2011 9:34 AM

On Saturday, the Internal Revenue Service announced its recommended optional standard business mileage rates for 2012. These recommendations are ones "employees, self-employed individuals, and other taxpayers can use to compute deductible costs of operating automobiles (including vans, pickups and...

December Tax Tip: 2012 Pension Plan Limits

December 8, 2011 8:00 AM

The IRS has announced cost-of-living adjustments applicable to dollar limitations for pension plans and other items for 2012. These include the following: The limitation for defined contribution plans is $50,000. The exclusion for elective deferrals is $17,000. The limitation used...

December Tax Tip: Update Staff W-4s Now

December 1, 2011 8:00 AM

December is a good time to check with all nonminister church employees to see if they need to file a new W-4 form with the church. The W-4 form is used by employees to report withholding allowances. This information will...

Renting Out Extra Space May Cost Churches

October 13, 2011 8:00 AM

A church in Boise, Idaho, received an unexpected property tax bill of $17,000 for leasing space to a local YMCA daycare, according to Northwest Cable News. The church charges the nonprofit about $9,500 a month to rent space often left...

Endorsing Candidates from the Pulpit

October 4, 2011 8:00 AM

This past Sunday, the Alliance Defense Fund expected nearly 500 church pastors nationwide to participate in "Pulpit Freedom Sunday." The event, organized for four consecutive years by ADF, is designed to challenge a 1954 amendment to the 501( c)...

Tax Scammers in Person

September 21, 2011 8:00 AM

The most common way tax scammers seem to work is through e-mail. Countless e-mails arrive daily in inboxes claiming a tax refund is available. Many tax scammers have become less shy recently, according to a recent IRS news release...

Church Puts Property Up for Sale After Tax Dispute

September 14, 2011 8:00 AM

An ongoing property tax assessment battle between Concord, N.H., and a 50-member church there has led to the church putting its property up for sale to make ends meet, according to a recent article in the Concord Monitor. Four...

Cartoon: Giving for Tax Purposes

September 1, 2011 8:00 AM

If you’ve ever created receipts for church offerings and donations, you’ve probably been asked to receipt donated property. On a more serious note, Richard Hammar offers a couple of lessons on how to meet IRS requirements for non-cash contributions of...

One Church Receives an Unexpected Tax Bill

August 30, 2011 8:00 AM

A church in Mount Vernon, Washington, thought it didn't owe taxes. But that changed after a recent state audit, when the state said the church owed $180,000 in back taxes and penalties, according to a TV news station. The church...

Setting the Record Straight on Group Exemptions

June 30, 2011 8:00 AM

The IRS Advisory Committee on Tax Exempt and Government Entities (“ACT”) issued a report in June that addresses a number of tax compliance issues, including group exemption rulings. The report caught the attention of many church leaders, since thousands...

IRS Increases Mileage Rate

June 23, 2011 11:58 AM

The Internal Revenue Service announced this morning it has increased the optional standard mileage rate that employers can use to reimburse employees who drive personal vehicles for business purposes. The IRS increased the rate to 55.5 cents per mile...

IRS Revokes Tax-exempt Status of Church-run Agency

June 23, 2011 8:00 AM

If your church runs a nonprofit agency, you may want to check this state-by-state list of 275,000 organizations whose tax-exempt status was recently automatically revoked by the IRS. Most organizations on the list no longer exist but some still do....

Group Drops Case Against Pastor Housing Allowances

June 22, 2011 10:21 AM

A constitutional challenge to the tax-free housing allowances and parsonages provided to thousands of American pastors is over after the plaintiffs who filed the original lawsuit voluntarily requested its dismissal Friday in a California district court. But the battle...

More Analysis on the Pastor Housing Allowance Challenge

June 14, 2011 8:00 AM

Last month, Richard Hammar wrote an article detailing new developments in the constitutional challenge to pastoral housing allowances under way in California. In a separate case in Arizona, the Supreme Court ruled the plaintiffs there lacked standing for their...

Bill Maher: Should Churches be Taxed?

June 2, 2011 9:30 AM

A little more than a year ago, Bill Maher hosted actor Ashton Kutcher, author and editor Jon Meacham, and Florida Congresswoman Ileana Ros-Lehtinen on his HBO program, Real Time. A YouTube clip from the program circulated recently throughout social...

Missouri Woman Admits to $140,000 Church Theft

May 5, 2011 8:00 AM

A woman in Missouri pleaded guilty last week to stealing nearly $140,000 while serving as the treasurer of a local church and its denomination’s local governing organization. According to a Kansas City-based news website, the woman wrote checks to...

Expanded 1099 Reporting Requirements Repealed

April 19, 2011 8:00 AM

In the April edition of Church Finance Today, Richard Hammar previewed the possible repeal of the expanded 1099 reporting requirement included with the Patient Protection and Affordable Act (last year's health care reform legislation). The requirement would have required all...

A Tax Credit for Churches?

April 18, 2011 8:56 AM

Editor's Note (September 29, 2011): A church business administrator in Colorado shared the following update regarding his church's application for this credit: "We submitted form 990-T claiming the credit (approximately $7,100) in late April. We received a request for more...

Should Congress Change Pastors' Housing Allowances?

April 12, 2011 8:00 AM

The newest issue of Christianity Today poses an interesting question: Should Congress change pastors' housing allowances? Expect to hear a lot more on the topic in the weeks and months ahead. Since the conclusion of Sen. Charles Grassley's (R-Iowa)...

Would a Change to Charitable Contributions Rules Hurt Churches?

April 5, 2011 8:00 AM

One angle covered by secular media during the recent release of the 2011 State of the Plate survey results: The possible affects of a current "federal proposal to reduce tax deductions for charitable donations among wealthy Americans," as CNN.com reported...

Handling Leases for Car Allowances

March 28, 2011 8:00 AM

Question: Our church provides an auto allowance budget line item for vehicle expenses for our pastor. The pastor leases a vehicle that he uses for church-related business. He has asked to use the budget line for reimbursement of the...

Why the National Church Compensation Survey Matters

March 10, 2011 8:00 AM

John Clemens with IRN USA Radio recently interviewed Matt Branaugh about Christianity Today International's National Church Compensation Survey. In this six-minute clip (which aired on more than 1,100 stations nationally), you'll hear more details about the importance of this survey,...

Holiday Pushes Back Due Date for Taxes

February 23, 2011 10:15 AM

Haven't started your federal taxes yet? As February fast draws to a close, you may be encouraged to know that you get an extra three days to work on 2010 filings. From this morning's Richard Hammar's Essential Reminders: "Taxpayers...

Online Resource for Church Law and Tax Help

February 22, 2011 8:00 AM

We’re pleased to announce the launch of ChurchLawAndTax.com (formerly ChurchLawToday.com). We’ve given the site a fresh, new look to serve church leaders like you even better. You’ll find an updated Archives of the Church Law & Tax Report newsletter through...

Help for Pastors During Tax Season

February 17, 2011 8:00 AM

The "The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010," passed by Congress and signed by President Obama in mid-December, triggered a domino-like effect of changes for tax-filers--so much so that even the Internal Revenue Service...

Ten Steps to Tax Reporting

February 10, 2011 11:00 AM

Looking for a helpful—and easy—way to remember federal payroll tax reporting requirements as a church? Check out this handy, printer-friendly PDF we've prepared titled "Ten Steps to Tax Reporting." Here's a sneak peek: 10) Complete Forms 1099-MISC and 1096....

What Churches Should Know about the Tax Relief Act

January 18, 2011 8:00 AM

On December 17, Congress passed the "The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010." After President Obama signed it into law, numerous tax provisions that were about to expire were kept alive. And a significant benefit...

Tax Ruling May Help Pastors Who Own Two Homes

January 11, 2011 8:00 AM

Late in 2010, the United States Tax Court ruled a pastor could apply a housing allowance toward expenses incurred from a primary residence and a vacation home. What are the implications for church leaders? Well, while many may not own...

National Commission to Examine Church Financial Practices

January 7, 2011 10:46 AM

Editor's Update (12/8/11): The Commission on Accountability and Policy for Religious Organizations is now taking public comments on the various issues it is studying. _________________________________ Editor's Update (4/27/2011): The ECFA has announced the initial members of its commission. The...

Upcoming Webinar: Key Tax Changes to Understand

January 4, 2011 8:30 AM

Members of Congress passed a sizable tax-cut package late on December 17, and it barely hit President Obama’s desk the next day before he signed it into law. According to one media report, the package extends, adds, or modifies...

Is Your Church Ready for Tax Season?

December 9, 2010 8:00 AM

In an upcoming issue of the Church Finance Today newsletter, senior editor Richard Hammar relays a comment made by Douglas Shulman, U.S. Commissioner for Internal Revenue, during a speech given earlier this fall to the American Institute of CPAs:...

What You Should Know about Year-end Giving and Receipts

December 2, 2010 8:00 AM

Michael Batts and Dan Busby, two members of our Editorial Advisory Board, will co-present a 60-minute webinar on Tuesday, December 7, about the ins and outs of year-end giving and receipts. Batts is managing partner with the CPA firm Batts...

Endorsing Political Candidates from the Pulpit

October 26, 2010 8:00 AM

A majority of pastors believe churches should not publicly endorse political candidates, a new LifeWay Research survey shows. Phone interviews conducted randomly in early October with 1,000 church pastors, ministers, and priests revealed 70 percent strongly disagreed and 14...

10 Tips for Last-minute Tax Filers

March 2, 2010 8:00 AM

Here are the Internal Revenue Service's top 10 tips that will help your tax filing process “run smoother than ever this year.” 1. Start gathering your records. Round up any documents or forms you'll need when filing your taxes:...

IRS Announces Standard Business Mileage Rate for 2010

December 3, 2009 4:36 PM

The Internal Revenue Service today issued the 2010 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Beginning on Jan. 1, 2010, the standard mileage rates for...