This accounting blog...
I had to go back and file my 2018 taxes. I am using H&R Block software. The church I pastored did not report my housing allowance on the W-2, which was
Are there transaction fees for using online giving in addition to the monthly subscription? Many sites charge 2%-5% of the transaction amount plus .30
My husband and I went into ministry 6 years ago. When I filed our taxes with H&R Block, I inquired about why we were paying self-employment taxes. I
Louisiana does not exempt churches from sales tax. Sales tax not collected at time of purchase on items used in the operation of the church such as bibles,
Bookkeeping for PPP funds for churches
My housing allowance of $25,000 for 2020 was adopted by the Board in December 2019. I will be retiring on July 31. Can I claim on my 2020 tax return
We do not provide a salary for our pastor, only a weekly $200.00 housing allowance. Should we include this amount on the 941 Quarterly form?
I am the treasurer for a small church. We have 2 employees, both pastors, who have elected to be employees for tax reporting purposes. Due to their housing
Can a minister who is 69 and presently an employee of his church and receiving a housing allowance also use a housing allowance designated by his retirement
When a pastor moves to a new church and buys a new home, does the down payment on a new home factor into minister’s housing allowance?
We have a new minister joining our staff. The plan is for he and his wife to use dual living space - their primary home and a church owned property - until
As pastor, I have just become aware that we are paying our church organist by sending her pay to her landlord for a partial on her rent. A lawyer that
As independent contractor, organist, now that churches are closed during pandemic. Can I collect unemployment?
Our church borrowed money for a building. Debit Bank / Credit Note Payable This makes my bank balance but ... How do I get the money into the designated
Our youth minister is part time. We have been treating him as an employee withholding SS, State tax, and Fed Tax. He has a full time secular job where
For a minister working part-time and all of his salary is designated housing allowance, what software program will accept a clergy W2 with box 1 empty?
There is a website name that the church would like to buy (the church initials.com), but it is for sale for $45,000. If the church paid $100, could we
Can a minister who is currently renting while in between having sold their home and purchasing a new one use the down payment made in the purchase of their
We give a monthly offering to our founding pastor who is elderly and does not file taxes. We describe this offering as pastor's aide. I understand
I am a member of a musical group considering holding a concert at a local church. The group is a 501c3 nonprofit. If the church collects a free will
I have worked a secular job 20 years before becoming a minister if I file 4361 will I still be able to receive the benefits paid into social security
I was recently told that, from the loose tithes/offerings in the offering plate, our ushers have been making change for people who do not have the exact
Church payroll mistakes can be costly. Learn what to do and what not to do!
if a pastor opts out of FICA, what does the church check on kind of filer on the W3. The church doesn't file a 941 or 944 report because there is nothing
The company pays for our Pastor's retirement plan, do I check the retirement box or leave blank?
We approved our Full-time Senior Pastor for a $36K 2019 Compensation package: $18K Salary/$18K HA but the church could only afford to pay him a little
If the housing allowance remains the same each year does it have to be recertified each year ?
My husband is an ordained ministry with a full-time non-ministry job, and also has a ministry to incarcerated inmates. He performs ministry part-time
our pastors wages for 2019 were 21,250.00, his housing allowance is 24,000.00. how do I show this on hisw2?
I am considering purchasing an accounting software for my non-profit group. Our monthly transactions are between 5 - 15 entries per month. What do you