Clergy Tax Facts

Note:

Audit Protection Plus is only available for tax returns prepared by Clergy Financial Resources. …

Audit Protection Plus Insurance


Clergy Financial Resources now offers 2012 Audit Protection Plus at a low rate of $95.00 per year. This insurance protects you from the large costs of tax return corrections, required correspondence, tax examinations by mail, and direct audits.

Tax audits and correspondence with the tax authorities has become an expensive inconvenience. Each year the IRS or your state selects certain tax returns to examine. If your 2012 return is selected, you may incur considerable expense even if the audit reveals that it is necessary to change your return. Most taxpayers faced with an IRS or state audit choose to have representation in their dealings with the IRS or state during the audit. This representation can cost you $1,000 or more.

If the IRS or state contacts you in reference to any type of correction or required correspondence, tax examinations by mail or direct audits, we will contact and negotiate with the taxing authorities at no additional cost. This annual fee will cover any and all costs associated with your 2012 return, prior to the appeals level, including any correspondence. This service does not include the cost of a clergy tax professional to attend the audit.

With Audit Protection Plus, if a tax return we prepared is audited by the IRS or your state and you pay additional tax as a result of our error, we will credit your account for any penalties you pay in connection with, or as a result, of the additional tax.

If you are audited or receive a notice from the IRS or your state, it is important to contact your clergy tax professional to prepare for the audit. Clergy Financial Resources will complete such pre-audit tasks such as:

  • Reading and understanding the IRS letter
  • Researching the applicable IRS audit guidelines
  • Gathering and organizing receipts or other documentation
  • Reviewing prior returns that could affect the audit.
  • Contact and negotiate with the taxing authorities.


Without Audit Protection Plus, all audit or correspondence services will be billed at $185.00 per hour.
Tax Audit - Frequently Asked Questions
Video Guide of an IRS Audit

Leave the explanations to the clergy pros!!

You will not be able to purchase 2012 Audit Protection Plus after 12/31/2013.

Paying Online: You can order a Audit Protection Plus today using our secure online registration and payment system. Click-on "Buy Now" and simply fill out the registration form and submit it. Your order will be processed automatically.

Credit Cards: We accept Visa, MasterCard or PayPal.

Satisfaction Guaranteed: If for any reason you are not satisfied with our service, we will provide a refund. We pledge to provide excellent products and services or your money back.

       
 
Guide
Handbook
Church
 
2012-2013 Compensation
Handbook for Church Staff

James E. Cobble - Richard Hammar
Essential Guide to Church Finances
Richard Vargo - Vonna Laue
       
 
Get a better understanding of
U.S. tax laws as they relate to
pastors and churches with the
Church & Clergy Tax Guide
Every church and its employees
want to feel confident that
their compensation plan is
reasonable and fair.
To accomplish your church's mission
and vision for ministry you need to
effectively manage your church's finances
       
 

 

Clergy should not view this information as a substitute for professional advice. This information is subject to change, due to administrative rulings or interpretations and or technical corrections by the IRS. If legal advice or other expert assistance is required, the services of a competent clergy tax professional person should be sought.