Clergy Tax Facts
Overview
Worksheets to help you keep track of your expenses/transactions. |
Capital gain /losses | |
| This worksheet allows you to calculate gains and losses on investments. | ||
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Charitable Donation | |
| Keep track of items donate, date donated and value of donated property. | ||
| Charitable Contribution database | ||
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Checkbook Register | |
| Track your deposits and withdrawls on varies checking/saving accounts. | ||
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Expense Report | |
| A ledger of travel expenses that can be submitted for reimbursement. Including: airfare, lodging, ground transportation, meals/tips, seminar expenses, mile and miscellaneous. | ||
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Event Budget | |
| Keep track of expenses for church/professional events. | ||
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Household Monthly Budget | |
| Track your monthly household expenses. | ||
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Investment Ledger | |
| Calculate loss/gain on stocks,bonds, mutual fundsand minority interests. | ||
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Medical Expenses | |
| Keep track of your medical expenses incurred during the year. | ||
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Mileage Log | |
| Keep track of your professional mileage in this easy to use ledger. | ||
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Payroll Spreadsheet | |
| Listing of your employees and their hourly wage, tax status, federal allowancesm state tax, federal tax, social security tax, medicare tax, tax withheld, insurance deductions and other regular deductions. | ||
| Time Card | ||
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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 |
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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.
