For Some Churches, Paying Back PPP Loans is Better than Forgiveness
The change is likely to impact personal flights taken on ministry-owned aircraft.
A new rule change from the Internal Revenue Service (IRS) would increase the tax rates for noncommercial flights on employer-owned aircraft. The Trinity Foundation, a Dallas-based ministry watchdog group, reported that the change would impact ...
But 2020 and 2021 graduates of Wilberforce University, a school affiliated with the African Methodist Episcopal Church, had an extra reason to celebrate during their ceremony on Saturday (May 29) in Wilberforce, Ohio. Their president announced ...
While nonprofits were included in coronavirus relief legislation, a group of 75 charitable organizations has sent a letter to President Joseph R. Biden and top Congressional leaders, urging them to enact provisions that specifically address ...
There’s a $300 deduction goodie embedded in the CARES Act for those filing 2020 income tax forms. Fundraisers seeking a last-minute gift boost might want to tout it to potential donors.
Using Ballparks for Worship, ECFA and MinistryWatch Database Changes
Using Ballparks for Worship, ECFA and MinistryWatch Database Changes
Giving to charities dropped 6 percent in the first quarter of 2020 compared to the same time last year, including an 11-percent dive in March as the country headed into the coronavirus pandemic (COVID-19) shutdowns.
Leaders at the nation’s most influential nonprofits are pushing members of Congress to expand aid to the tax-exempt sector in any and all legislation that expands and builds on the Coronavirus Aid, Relief, and Economic ...
Russell Moore, the Southern Baptist Convention’s top ethicist, said he saw no problem with churches applying for government loans as part of the coronavirus relief legislation enacted last month.
Leaders at the nation’s most influential nonprofits are pushing members of Congress to expand aid to the tax-exempt sector in any and all legislation that expands and builds on the Coronavirus Aid, Relief, and Economic ...
