Taxes
Clergy are considered dual-status taxpayers for their ministerial income, meaning they pay income taxes as employees and Social Security and Medicare taxes as if they were self-employed.
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How The SECURE Act Affects Pastors
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Are Christmas Gifts To Pastors Taxable?
Every year, my church used to do a special offering in December as a Christmas gift for our senior pastor. As they said, why should he get a bunch of $10 gifts that he doesn’t even need when we can…
What Missionaries Can Do Today To Save On Taxes In Retirement
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15 Things To Know About 2018 Clergy Taxes
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You’ve done it! You’ve fought the good fight, run the race with perseverance, and now the time has come to retire from your post. You did a good job and your church loves you. They want to bless you in…
How Do I Report IRA Contributions To The IRS?
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So, you’re entering the ministry and you’re excited. You’re excited to devote your life to God’s work. You’re excited to make an eternal impact on the world. And you’re excited to do your taxes in a completely new way. No,…