Compensation & Payroll

Penalties for an Incorrect Form W-2

Penalties for an Incorrect Form W-2

Q: What is the risk if a church fails to properly capture and report all income on the pastor’s W-2? A: It’s very important to make sure income is reported properly and all required payroll forms are complete and timely, including the IRS Form W-2. The IRS has...

read more...
Designated Gifts

Designated Gifts

Q: A donor wishes to designate a gift to a pastoral staff member. Can we do that and give the donor a charitable contribution receipt? A: In order for a charitable contribution to be granted by the church for a contribution received, the contribution must be to, and...

read more...