DALLAS (BP) — The 2014 edition of GuideStone’s annual Tax Return Preparation and Federal Reporting Guide is now available.
The guide provides both active and retired minsters step-by-step help in understanding the latest tax laws, along with sample tax forms to assist them in preparing their 2013 federal tax returns.
This year’s edition contains a special supplement addressing key points of the recent housing allowance ruling. Also, church treasurers and other church leaders can refer to the guide’s special section about important federal requirements for churches.
The guide was written once again by Richard Hammar, a noted CPA, attorney and widely published author who specializes in legal and tax issues for ministers. Additionally, the material is edited by GuideStone’s compliance staff to address the tax issues that affect the greatest number of Southern Baptist pastors.
“This year, it’s particularly important for ministers to have access to this useful resource,” GuideStone president O.S. Hawkins said. “From late changes to tax law to challenges to the housing allowance, ministerial tax issues grow more complicated each year.”
Hawkins considers it a “joy and a privilege for GuideStone to stand alongside the ministers we represent and provide solid counsel from a trusted source.”
“Each year so many pastors tell us how thankful they are for this guide and how much it helps them navigate the unique ministerial tax laws,” Hawkins said. “We are blessed to be able to help them with the important task of ensuring that their income tax returns are correct.”
The tax guide can be obtained in PDF format at www.GuideStone.org/TaxGuide. GuideStone participants can order a free printed copy by calling 1-888-98-GUIDE (1-888-984-8433) between 7 a.m. and 6 p.m. CST Monday through Friday.
Jennifer Carter is manager of brand editorial at GuideStone Financial Resources. Get Baptist Press headlines and breaking news on Twitter (@BaptistPress), Facebook (Facebook.com/BaptistPress) and in your email (baptistpress.com/SubscribeBP.asp).