GuideStone announces release of its popular annual Ministers Tax Guide

February 14, 2011

DALLAS — Ministers can find additional help in preparing their 2010 federal income tax returns from GuideStone Financial Resources of the Southern Baptist Convention. The annual 2011 Tax Return Preparation and Federal Reporting Guide details recent changes to tax laws and their effect on ministers. The guide includes important tax law changes signed into law by President Barack Obama in December.

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. The guide is edited by GuideStone’s Compliance staff to address the tax issues that affect the greatest number of Southern Baptist pastors.

“The informative free tax guide includes sample tax returns with step-by-step instructions for active and retired ministers, as well as a special pull-out section regarding the federal reporting requirements for churches,” said O.S. Hawkins, GuideStone president. “Each year, thousands of ministers and their tax preparers rely on the helpful information in this guide to navigate the unique tax status of ministers of the Gospel.”

The tax guide can be obtained in PDF format from the GuideStone website, www.GuideStone.org/taxguide. GuideStone participants can order a free printed copy by calling Customer Service at 1-888-98-GUIDE (1-888-984-8433) between 7 a.m. and 6 p.m. CST Monday-Friday.