Filing clergy returns can be an intimidating and even confusing process to the uninitiated. Practitioners and bookkeepers unfamiliar with clergy tax law will quickly find that Clergy W-2 forms differ slightly from regular W-2 forms. Often Social Security and Medicare withholding will get reported by mistake when they should not. Sometimes housing allowance or parsonages are incorrectly reported. All of this can cause more headaches when you have to file additional forms to correct them later.
If this is your first time filing Clergy W-2 Forms, or you’ve never attended any formal instruction on filing them previously, Clergy Financial Resources offers 45 to 60 minute online webinar. The Webinar covers basic information such as how to complete a clergy W-2, the difference between deductions and exclusions, and how to file corrections. Each webinar is led by a clergy tax professional and there is additional discussion during the session, so you can ask questions and get the clarification you need in order to be successful.
For more information, visit our website at https://www.clergytaxnet.com/store/tax-webinars/how-to-preparing-clergy-w-2-forms.html for more details and to sign up today.
Clergy Financial Resources serves as a resource for clients to help analyze the complexity of clergy tax law, church payroll & HR issues. Our professionals are committed to helping clients stay informed about tax news, developments and trends in various specialty areas.
This article is intended to provide readers with guidance in tax matters. The article does not constitute, and should not be treated as professional advice regarding the use of any particular tax technique. Every effort has been made to assure the accuracy of the information. Clergy Financial Resources and the author do not assume responsibility for any individual’s reliance upon the information provided in the article. Readers should independently verify all information before applying it to a particular fact situation, and should independently determine the impact of any particular tax planning technique. If you are seeking legal advice, you are encouraged to consult an attorney.
For more information or if you need additional assistance, please use the contact information below.
Clergy Financial Resources
11214 86th Avenue N.
Maple Grove, MN 55369
Tel: (763) 425-8778
Fax: (888) 876-5101