"Taxes" - It's a word that strikes fear in most people. Handling tax issues in a church or as a minister can be even more challenging. How can you know that you are following current tax law? How can you achieve the greatest tax benefit? This training will answer those questions and many more.

The morning session is designed specifically for ministers, and the afternoon session is specifically for churches. This training will benefit administrators, support staff, treasurers, or anyone who is responsible for tax related issues within your church.

Gene Hill, Certified Public Accountant
From Austin, Texas, Gene Hill specialized in full-time church tax consulting. He leads seminars and workshops for church groups and religious organizations including the Baptist General Convention of Texas, other State Baptist Conventions, and LifeWay (guest faculty member at Glorieta and Ridgecrest Conference Centers). He is also an active member of the Texas Society of Certified Public Accountants and the National Association of Church Business Administration (NACBA). Gene has taught the tax portion for several Certification and Advanced NACBA seminars. He has also written numerous articles for professional journals and publications and is a contributing editor for the Church Treasurer Alert. In 1994, Gene retired from the Internal Revenue Service as a Senior Appeals Officer with 34 years of government service. During his career, he taught extensively both within and outside the IRS.

Topics to be Covered:

For Ministers:

• Update of recent tax legislation
• Taxable and nontaxable income
• Deductible expenses and their location on the income tax return
• Qualified housing expenses
• Self-employment tax computation

For Churches:

• Church employment tax responsibilities (Forms 941 and payroll deposit requirements)
• Preparing information returns (forms 1099 and W-2)
• Distinguishing between taxable and nontaxable fringe benefits
• Employees vs. independent contractors
• Maintaining accurate contribution records (including the new auto donation acknowledgment)