Tag Archives: minister housing allowance

Payroll Taxes Withheld

Understanding the payroll taxes that are deducted from your check will help you keep better records and provides you with the information to set your compensation packages up properly. Self-employed individuals need to understand payroll taxes and the different forms of compensation in order to structure their compensation packages as well. Continue reading

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Posted in 501(c)3, Accounting, Aplos, Board of Directors, Church, Fund Accounting, Legal, Non-profit, Organization, Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment

Pastor’s Housing Allowance

It’s important to account for a minister’s housing allowance correctly and educate your clergy on the tax implications of being self-employed. This blog illustrates two scenarios for minister’s housing allowance. One results in no self-employment contribution tax and the other generates a self-employment contribution tax liability that is the responsibility of the minster or clergy. Continue reading

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Posted in 501(c)3, Accounting, Aplos, Board of Directors, Church, Internal Controls, Organization, Web-Based | Tagged , , , , , , , , , | Leave a comment