Cornerstone Consultants

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Many churches are unaware of the changes in federal laws that impact churches. Most churches are still handling finances based on concepts from the 1950’s. This lack of understanding has caused some churches to come to the attention of the Internal Revenue Service. In some cases it has caused churches to fined, penalized, or worse.

The most common financial issues facing today’s churches are: the proper filing of federal forms; the proper handling of tax issues for ministers; incorrectly structuring the minister’s financial package and thus causing the minister to pay more taxes than necessary; and the improper assigning contact laborer status to employees.

Cornerstone Consultants provides assistance with the establish of financial policies and procedures, compliance with IRS laws, and the correct way to compensate ministers. Please contact us to see how we can best assist you in this area of ministry.