For the first time in tax history, as of January 1, 2010, all non-profits--including religious organizations--, must comply with new IRS 403(b) regulations 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 Track at NLC
May 22, 2008
In February 2007, the Summit Christian Leadership Center hosted a track of workshops as part of the National Leadership Conference. Workshops were presented on a variety of topics including “Finding Harmony in the Business of the Church” and “Strategic Planning.” The speakers included Ron Clark, Sam Harbin, Ed Cone, and David Mellor. The interest in the Center’s ministry is steadily growing among pastors and lay people in the churches that attended the conference. We are excited to see how God will use this new arm of the seminary.
Effective January 1, 2010 the IRS has set the standard mileage rate for the business (ministry) use of vehicles at 50 cents per mile.
The standard mileage rate is significant for two reasons....
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...
The Summit Center provides training to pastors, ministry leaders and seminary students in a variety of areas including:
Church simulations--provides students and pastors with real...
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...