The 2021 Ministers' Tax Guide is now available. CLICK HERE


New Critical Church Tax Changes Explained by Dr. Richard Hammar

Church Finance Basics

Churches need to be aware of two critical new tax developments to remain compliant with the IRS. In the brief videos below, Dr. Richard Hammar, legal counsel for the Assemblies of God, explains each development and outlines next steps.

Affordable Care Act Implications

First, the Affordable Care Act (Obamacare) has new church tax status implications regarding employer paid or reimbursed medical insurance for employees.

New Form 8822-B

Second, the IRS has put forth a requirement for churches with an EIN that calls for submission of the new Form 8822-B.

As laws change, we strive to keep you informed on the developments that affect your church. You can make sure you're getting the most current news by subscribing to this blog in the upper right corner of this page.

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