During Missions University, we are planning to hear from accountant Josh Belk. Bro. Belk is the leader of Lodestar Tax & Consulting of St. John, Indiana. He and his coworkers are especially experienced and knowledgeable in areas with specia [...]
We are so glad that FBMI is able to offer our EOM program to you. Called the Accountable Reimbursement Plan by the IRS, this program offers two major benefits to you as a missionary on the field serving with FBMI: • First, it enables you t [...]
Select the link below to download the correct 2024 EOM form. Missionaries still on deputation should not use Box E in the form because they do not yet have a fixed salary. Please complete and email this form to finance@fbmi.org. Direct any [...]
FBMI uses an Accountable Reimbursement Plan to allow missionaries to avoid paying extra taxes on ministry expenses. Here is some information from the IRS about this type of plan: Accountable Plans To be an accountable plan, your employer's [...]
Reimbursable Ministry Expenses for FBMI Missionaries Some of these items have specific, associated guidelines and limitations defined by the IRS. This list does not intend to be definitive, but rather a general overview to help the FBMI off [...]
Select the link below to download the correct 2023 EOM form. Missionaries still on deputation should not use Box E in the form because they do not yet have a fixed salary. Please complete and email this form to finance@fbmi.org. Direct any [...]