Ten Tax Developments that Affect Churches and Clergy
Several important tax developments in 2016 will affect 2017 tax reporting by ministers, church staff, and churches. Richard Hammar lists the top ten developments in the January/February issue of Church Law & Tax Report, including:
• Affordable Care Act reporting requirements
• Changes in Form W-2 and Form W-3
• IRS extends audit protections to church payroll compliance
• Status of the housing allowance
Find explanations of all ten tax developments in the January/February issue of Church Law & Tax Report, and stay current on changing tax developments that affect churches throughout the year by subscribing to Church Law & Tax Report.
For information on more tax developments that affect churches—beyond this top ten list—see the 2017 Church & Clergy Tax Guide. This guide also serves as a year-round reference for churches and clergy.
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(Source: Christian Newswire)
