For the first time in tax history, all non-profits--including religious organizations--must comply with new IRS 403(b) regulations by December 31, 2009, or risk plan termination, possibly subjecting their employees’ retirement assets to tax, penalties, and interest. Is your ministry prepared? The Summit Center's new 403(b) compliance package will protect your ministry. To find out more information or order the package, click here.
Summit Christian Leadership Center
May 21, 2008
At a special meeting of the Board of Trustees in August 2006, Mr. Ron Clark was hired as director of the new Summit Christian Leadership Center. In keeping with our mission of training “servant leaders for local churches worldwide,” the Summit Center will enable the seminary to do a better job of developing the strategic leadership skills of our students. Ron brings to the new position the skills of a counselor and leadership coach and a passion to teach leadership from a biblical and theological perspective. His expertise in simulation environment training will provide new options for teaching practical theology in the classroom. The Summit Center will be featured in a workshop track at the 2007 National Leadership Conference. Stay tuned to hear more about this exciting new development at CBTS!
The stock market has taken a large chunk of your retirement assets. DON’T let the IRS take the rest! A New IRS Retirement Plan deadline is coming soon: December 31, 2009.
All ministries with existing...
Effective January 1, 2009 the IRS has decreased the standard mileage rate for the business (ministry) use of vehicles due to the declining prices of gasoline. The rate will decrease from 58.5...
An expired tax benefit which was originally enacted for the years 2006 & 2007 has recently been reinstated effective for 2008 and 2009 under the recent Bailout law called the Emergency Economic Stabilization...
A great way to give to the Lord and also save taxes is to donate appreciated stock (stock whose cost is less than its current value) instead of selling then donating the net cash proceeds after taxes.You not...
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