2 minute read
Watch for Tax Helps from NBUSA- Coming Soon
With the beginning of the new year, thoughts turn to April and filing taxes for the year just past (the 2024 deadline for filing is Monday, April 15). Be sure to visit nbusa.org starting in January for information and resources to assist you.
These will include The Minister’s Tax & Financial Guide from the Evangelical Council for Financial Accountability (ECFA), which offers step-by-step instructions to guide ministers through returns and forms needed for tax filing. It also covers topics like determining housing allowance and includes completed sample forms.
For church treasurers, there’s the ECFA’s Church & Nonprofit Tax & Financial Guide. This manual explains IRS regulations that might be tricky and highlights forms churches are required to file.
At nbusa.org, you’ll also find our tax and compensation memos. These are reviewed annually by an independent CPA firm for accuracy and can help ministers minimize taxes and better understand IRS regulations that apply to them.
We also encourage you to visit pastorswallet.com, the website of Amy Artiga, author of our Sensible Stewardship column (read “Year-End Tax Planning for Pastors” on page 5).
Visit nbusa.org or our Facebook page often for updates on practical information that helps you as a pastor or treasurer. If you have specific questions about taxes, compensation, retirement, insurance, or similar topics, contact us at benefits@nazarene.org or 888.888.4656.