Learn the tax rules unique to clergy:
• Are clergy considered employees or self-employed?
• What income is taxable?
• How are parsonage and housing allowances treated?
• Exclusions: what are they?
• What’s new with business and professional expenses?
• Why is the Deason Rule important?
• Estimated tax payments: are there alternatives?
• Social Security: are you exempt?
• MSSP: How does the IRS view clergy?
• How is compensation structured for greatest tax savings?
Your questions are always welcomed and encouraged!
The workshop runs from 9 a.m.-3 p.m., and includes continental breakfast, coffee and tea, lunch and all materials. The cost is $40/per person, $50/per clergy couple. NOTE: There is a scheduled snow date of Wednesday, Jan. 30. Participants will be notified via email in the event of snow. It will also be posted on this event page. Presented by the MACUCC Church Development and Lay Ministry Councils.
About the Presenter:
Forrest “Al” Eaton, Jr., CPA provides professional tax preparation, planning and consulting services to clergy and employing churches. For most of his career, Al was a partner in a Chatham accounting and tax firm. Called to serve the clergy, Al’s practice is now dedicated exclusively to ministers and churches.