Clergy Tax Preparation
Structuring compensation packages and employer taxing/withholding of clergy/pastoral staff can be a bit tricky since there are several rules that apply to only them and no other employee in the US. First of all; clergy have a dual tax status which flies in the face of employment tax rules since no person/entity can be both a self-employed contractor and employee at the same time (receiving a 1099 & W-2). Well; that is exactly the case with clergy in that they are considered a self-employed contractor for tax purposes and yet an employee for reporting purposes.
Church CPA Accountants – Michigan – Strategic Accounting and Tax Solutions services churches, parochial schools and faith-based organizations throughout Michigan. Clergy tax and non-profit accounting as well.