This webinar is an audio and Internet training webinar on selected topics that features an in-depth discussion designed specifically to meet the tax and financial needs of today’s churches and clergy
The webinar is designed for church staff and clergy who are interested in recognizing new ways to minimize their own tax liability, in addition to, gaining a better understanding of the current tax laws that affect churches and clergy today.
The webinar will be led by a clergy tax professional and will last between 45 to 60 minutes based on the level of discussion during the session and will cover the following topics:
• What’s new?
• Income vs benefits
• Deduction vs Exclusions
• Employed vs self-employed
• Social security tax
• Opting out of social security
• Allowance vs reimbursement
• Building your salary package
• Taxable income
• Housing Equity Plans
• Reimbursement plans
• Housing/parsonage allowance
• Tax record keeping
• Professional expenses
• Ways to reduce your overall tax liability
Learn more about this religious online webinar on taxes from Clergy Financial Resources