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 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.
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An expired tax benefit which was originally enacted for the years 2006 & 2007 has recently been reinstated effective for 2008 and 2009 under the recent Bailout law called the Emergency Economic Stabilization...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...