Clergy Advantage
For over 40 years we’ve been passionate about the profound impact we can have on ministers’ personal and professional success. Our clergy tax specialists focus on simplifying clergy tax complexities, identifying savings and financial opportunities for ministers and churches that they often don’t even know exist.
Administration
Thinking of Starting a New Ministry?
If you’ve ever dreamed of starting a new ministry, here’s some exciting news. There is an option that’s generally less expensive and a lot simpler start a new ministry. We call it a Charitable C.
Administration
Doubling the Value of a Pastor’s Ministry Expenses
All ministers have ministry expenses. What many churches and ministers don’t realize is the value to a church and to a minister in implementing an Accountable Reimbursement Plan for ministry expenses, especially in light of recent tax law changes.
Administration
Who Qualifies for Minister Tax Status?
A common misconception about minister tax status is that it is only available to ordained ministers. The IRS criteria for church staff members to qualify for minister tax status is a lot more inclusive than you might expect.
Administration
Why Is Retirement So Different for Ministers?
For proper retirement planning, the first key element is that every minister should have a clergy-specific 403(b) retirement plan to preserve and maximize their amazing tax benefits. These plans are designed for ministry tax benefits and offer unique tax advantages available only to ministers.
Administration
Social Security and the Minister: What It Means to “Opt Out”
Social Security issues for ministers and their ability to opt out of Social Security on their ministry income is so different than for secular employees. It’s very important to a minister’s financial future to understand Social Security and what the rules and consequences are for any action.
Administration
10 Housing Allowance Tips for Ministers: What Ministers and Churches Need to Know
The IRS tax code allows ministers to designate part of their compensation as Housing Allowance. When understood and implemented fully, this can be a lifelong tax advantage for all ministers.
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