From the Memo Board: July 2021

Dates to Know

July 1 – May Financial Reports will be due for US Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.

July 1 – June Financial Reports will be due for Non-Resident Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.

July 5 – The Office will be closed in celebration of Independence Day.

August 1 – June Financial Reports will be due for US Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.

August 1 – July Financial Reports will be due for Non-Resident Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.

September 1 – July Financial Reports will be due for US Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.

September 1 – August Financial Reports will be due for Non-Resident Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.

September 6 – The Office will be closed in celebration of Labor Day.

New Missionary

We are pleased to welcome Mike and Heather Salyer to the World Wide family. The Salyers are members of the Crossroads Baptist Church in Columbus, NC, with Pastor Nathan Deatrick. Mike is a graduate of Ambassador Baptist College. They have five sons, two of whom are still living at home: Jameson (12) and Micah (8). The Salyers will soon begin deputation to plant churches in the Philippines.

Signal Private Messenger

Our office relies on Signal Private Messenger as a secure and encrypted method to communicate with you about financial matters. The encryption works when your phone or device has been authenticated by our device(s). If you obtain a new phone or other device, please be sure to contact our office so that we can re-authenticate your devices and ensure the continued encryption of our communication. If you have questions, please contact Rebekah Tolley at the main Signal number, 704-750-9493.

Child Tax Credit Information

Our CPA has provided the following information about the Child Tax Credit automatic payments starting on July 15.

For 2021, the child tax credit has been increased and made fully refundable. You have probably started to receive correspondence from the IRS indicating your eligibility for the advance payments of these credits which are set to be sent out each month starting July 15. Those who receive the advance payments will claim the second half of the expanded child tax credit on their return.

For some families, it may be advantageous to unenroll from receiving the advance payments. Each situation is different, so it may be best to do some basic tax planning to determine the best course of action. If you are unsure whether to receive these advance payments of the credit now or wait to claim the credit on your 2021 tax return, we recommend unenrolling now. The full credit will be available to you on your 2021 return if you unenroll from these payments.

For more information on the child tax credits or to unenroll, click here to visit the IRS Child Tax Credit Update Portal. You may also wish to contact your tax preparer to help you with tax planning.

Uplift Podcast

The following recordings were recently published on uplift.wwntbm.com. You may access the site by entering the username: wwntbm and the password: gospel. We hope they will encourage your heart.

The God of the Impossible

The Things Job Knew

When God’s Kids Go Through Dilemmas

Motivation to Keep Pressing Onward