Guide Explains Tax Regulations for Churches, Nonprofit Organizations

The Zondervan Church and Nonprofit Organization Tax & Financial Guide: 2000 Edition
by Dan Busby

This annual guide provides tax advice to churches and other nonprofit organizations in an easy-to-read, practical format.

In the initial chapter, Mr. Busby outlines important court decisions, Internal Revenue Service rulings, and other regulations from 2000 that may affect an organization’s tax decisions. For example, he includes information on housing allowances, per diem rates, and housing allowances. Another section discusses the impact of the Internet on church fund raising.

Subsequent chapters cover financial accountability, tax exemption, compensation planning, employer reporting, information reporting, financial records, charitable gifts, and human-resource challenges. Icons in the margins direct readers’ attention to important points, and bulleted points at the conclusion of each chapter summarize key concepts. Sample board resolutions and charitable-contribution letters and forms appear throughout the text.

Mr. Busby also includes a special index for church treasurers, which directs them to information in the chapters about unrelated business income, political activity, compensation planning, church workers, information returns, financial records, charitable contributions, insurance, and key laws.

Mr. Busby is a certified public accountant who serves as vice president for member and donor services at the Evangelical Council for Financial Accountability.

Publisher: Zondervan Publishing House, 5300 Patterson Avenue, S.E., Grand Rapids, Mich. 49530; (800) 727-3480; http://www.zondervan.com/orders.htm; 200 pages; $12.99; I.S.B.N. 0-310-23329-1.