This accounting blog...
Our pastor passed away the first week of May 2016. He was projected to have an $18000 housing allowance that we would have deducted from his gross salary.
The church has only one employee, the minister. They do not withhold any taxes but they give the minster a W-2. Does the church have to file 941? Vick
Can I write off the fair rental value for my parsonage allowance if I am living rent free in an apartment my parents own? We are on deputation as missionaries,
Our pastor and one other employee has money deducted each month to put into a FSA (Flexible Spending Account). How does this deduction get shown on the
How would you treat and report QCD (Qualified Charitable Distribution) that go to the general fund. In our contribution tracking software the general
Our church employs several part-time pastors, not all are ordained/licensed ministers. Does the law forbid the church from withholding FICA for the
Where do I include on w-2, if anywhere, the employer's contribution to our pastor's retirement plan?
We have a very small church, of which I am the treasurer. Our pastor gives us a note with the numbers to write on his W2. We pay all of his utilities
Our pastor has been living in a church-provided parsonage for years. He is nearing retirement. This year, he decided to build his own home. The
Hi, Our Financial Secretary died suddenly and I am trying to do the W2's forms for 2016. I am not sure how to proceed with creating a W2 form for our
Can a pastor have housing allowance on multiple W2's? Even when not changing churches mid-year. Example: Pastor serves church and as a professor at
Let me give an example. The church pays $2100 for campground rental fee upfront. The members, once the camp is done, pays back the church for $2000.
We are a small church of about 30, our pastor gets 40 percent of what the tithes and offering is but he has refused to pay taxes for 12 years. He calls
I was doing an internship at my church, and at the end of the internship, a member of the church gave a love offering to the pastor, his wife, one other
I entered the Minister's Housing Allowance in 2 Wages, tips and other compensation of Form 941 and mailed them to the IRS. How do I correct this?