Description
Order your copy of the 35th Annual Church & Clergy Tax Guide!
Known as the most comprehensive, accurate yet easy-to-understand tax guide available for church leaders you will find yourself regularly referencing key topics, charts, sample forms, and real-life illustrations for all your tax and legal questions during tax season and throughout the year.
Find comprehensive help understanding United States tax laws as they relate to pastors and churches with Richard Hammar's 2024 Church & Clergy Tax Guide. Tax law in general is highly complex and ever changing. Add to that the many unique rules that apply to church and clergy and you're set up for a challenging task that requires an expert's guidance. The guide helps clergy:
- Prepare 2023 tax returns
- Understand tax laws
- Correctly report federal income taxes and social security taxes
- Distinguish relevant exemptions
- Reduce tax liability
The guide helps church treasurers, board members, bookkeepers, attorneys, CPA's and tax practitioners:
- Define "income" for the church
- Handle and report employee business expenses
- Understand the substantiation rules that apply to charitable contributions and designated contributions
- Grasp federal tax reporting requirements that apply to churches and church employees
Beyond help preparing annual tax returns ministers, churches, and their advisers find the guide indispensable throughout the year with in-depth coverage on:
- Charitable contributions
- Clergy retirement plans
- Social Security taxes
- Church reporting requirements
- Housing allowance
- Business-expense reimbursements
Additional Information
ISBN: |
978-1-61407-254-6 |
Copyright: |
2024 |
Pages: |
700+ |
Testimonial: |
"I use the [the Church & Clergy] Tax Guide at least weekly. It's a great reference - excellent for practitioners and church/ministry staff." Dave M., Capin Crouse |
Testimonial: |
"Whenever issues come up at church I go to my annual Church & Clergy Tax Guide to back up my answers. I love that it is comprehensive, but written in language that is easy to understand, even for those who are not accountants.” Sue S., Estes Park, CO |
Testimonial: |
"I have been a church treasurer for about 35 years, along with being a CPA for about 37 years. I have yet to run up on a question about church and clergy tax matters that this book does not address." Glynn Kegley, Treasurer, Florence, MS |
Testimonial: |
“The Church and Clergy Tax Guide is a phenomenal resource for me. I’m an accountant by trade and some of the issues tackled in this book are overwhelming even to me. I would be lost without the wisdom in this book.” Michael Koehn, Lafayette, CO |
Testimonial: |
"The Church & Clergy Tax Guide is the guide that I can refer to my clients, and there are only a few that I am willing to recommend. I believe that no church administrator's library is complete without this guide." Elaine L. Sommerville, CPA |