Covid-19 has brought medical care and it cost to the forefront. Rising premiums, increased co-pay, higher drug prices, and government...

Classification as a minister for tax purposes is very important. It determines how minister prepares federal tax returns for income and...

1. Relationship test: The child must be your son or daughter (natural, adopted, step and in some cases foster) or a descendant of your...

Under new regulations effective July 1, 2021, clergy and religious workers may now qualify for Public Service Loan Forgiveness (PSLF)....

The #1st Principles Communication with givers All statements about the use of a gift that an organization makes in its stewardship...

Non profit organizations receiving donations of virtual currency (such as bitcon) now have additional guidance from the IRS on donor...

A new Form 1099- NEC (used for non-employee compensation) has been introuduced by the IRS for 2020. It is actually an old form that...

The CARES Act and new charitable contribution rules. 2020 has been a difficult year for individuals, business, and non profits as well...

Beginning on January 1, 2021 the standard mileage rates for the using your vehicle will be: 56 cents per mile driven for business use, it...

"PPPFA now in play" says SBA Houston District Director Tim Jeffcoat Time is quickly running out to file your application for Paycheck...

Updated strategies and recommendations for employers responding to COVID-19, including those seeking to resume normal or phased business...