Need quick answers
Contact a Pro Advisor Today!
Researching clergy tax law, church payroll, or HR issues on your own takes time and can leave you wondering if you’ve got the right answer. Turn to Clergy Financial Resources to save time while getting the correct answers.
Most callers want answers to specific questions, interpretations of new laws or maybe you don’t have time to find the answer or perhaps you just want a second opinion. Clergy Financial Resources’ support team is unmatched by any other organization.
Blog
April 23, 2019
Can we pay for gym membership for church staff?
You can, but it would need to be considered as extra taxable income. Gym membership dues are considered a personal expense. There is no tax law that excludes employee or employer paid third-party membership dues from taxable income. The only time the value of membership dues are excludable from income... Read More
April 17, 2019
Do I still need to track Medical Expenses?
In 2018, there were two hurdles to claiming a Medical Expense Deduction. First, you had to spend more than 7.5% of your adjusted gross income on medical expenses. If you had a combined income of $100,000, you would first have to spend $7,500 on medical before you could claim any... Read More
April 17, 2019
Do I still need to track Housing Expenses?
A lot of people used the Standard Deduction in 2018, rather than Itemizing. You may also wonder, as a member of the clergy, “Does take the standard deduction mean we don’t have to track housing expenses in 2019?” Unfortunately, the answer is no. Even if you used the Standard Deduction,... Read More
Prev
Next
View All
