This accounting blog...
We have a new Sr. Pastor coming this May. Included in his financial package is an amount to cover health insurance for him and his family. Is this amount
Should I run the Pastor's retirement that the church pays, through his payroll? Our church provides a retirement benefit for the pastor. The church pays
My Church gives me a utility/parsonage exclusion. Should that amount appear on the W-2 and where?
I am a new treasurer for our church which also has a new pastor. Our church has never given a W2 before. I have a federal tax Id number but not a state
If a minister spends more in one month than is designated monthly, can it be considered part of the annual amount and still excluded from taxable income?
I have previously read do not include clergy Housing Allowance in Box 1 taxable income so I know that's the recommendation. However, if this does happen
who needs to sign the letter for taxes purposes regarding a pastors housing?
I live in Cook County, Illinois. Our church currently has a pastoral house which provides as the residence for our pastor. However, the pastor desires
Our pastor's amount earned is broken down by his salary/insurance/housing. For the quarterly 941 form on line 2 for wages do I include his total amount
Our church sent a pastor to a retreat to receive personal counseling and the church paid for it. It is all business (church) related. Is that a taxable
We are a very small church with two priests, both part time. We do no withholding of taxes for them but we do do a W-2 for them which is mainly a housing
April 15th 2021 will be the “2 year deadline” for me to file so I will be sending mine in this month (Jan 2021). If it takes longer than 3 months to
Is it an option to pay the staff as contractors and issue a 1099 to them? Or do they have to be employees and get W2s? And are there rules relating
We pay a worship leader $50 a week. Would we give her a 1099 or a W2?
I need a simple way to record Income (member donations) and expenses for a very small church (less than 50 members.) I am not a bookkeeper in all fairness.
We have one pastor with 3 charges. We are looking having one lead church that pays his monthly salary and then the other 2 reimburse the lead church for
Can I add January 2021 contributions to 2020 contribution report?
I have not been able to find the form to subscribe in order to download free spreadsheet. Can someone help?
Is there some logical reason not to include housing allowance on the W-2 form? I know that the cleric is not required to pay income tax on the clergy
The church gave the preacher the parsonage via a Gift Deed. Value of the house/property is about $215K. At year end, do we need to provide a 1099
Our church for decades has collected a free will offering at the end of the year to gift to our pastor. It does not go through the church books at all,
We were wondering if to try to get more money for our Lottie Moon Christmas offering our church wanted to give a coffee mug to those who give and it doesn’t
Our pastor is not full time and holds another employment. The church gave him a love offering and financial gifts throughout the year that totals more
I am attempting to set up online billing for the majority of our vendors. We have quite a lot and some may not have the ability. I am looking for some
We are planning on renovating the kitchen which would include new cabinets and counters. I have a housing allowance but am wondering if I can make use
See a year end checklist for churches. Includes tasks that should be completed before the end of the year to ensure a smooth transition into the new year.
Clergy tax factors you need to know before setting up your pastor's payroll or to ensure you are doing it right.
For a minister to opt out of social security there are several conditions that must be met before they can file an IRS Form 4361.
I recently left my position as a worship pastor at a church in Maryland and are relaunching a church in Arizona as the senior pastor. In the process,
I'm still unsure about this. I've read quite a few articles and most tend to agree that the love offering donations are taxable income for the Pastor who