Tag: Tax Implications

What you need to know about Accountable Reimbursements

This week our brand new clergy in the Dakotas UMC will be learning about Accountable Reimbursements! If you’re jealous, here’s your chance to experience what they are going through.

If you’re an experienced pastor that needs a refresher, this will be worth the time. This would also be good for a lay person in church finances to understand how your work affects your pastor.

What you need to know about Clergy Taxes

This week our brand new clergy in the Dakotas UMC will be learning about Clergy Taxes! If you’re jealous, here’s your chance to experience what they are going through.

If you’re an experienced pastor that needs a refresher, this will be worth the time. This would also be good for a lay person in church finances to understand how your work affects your pastor.

How should a Pastor fill out their W-4?

I love this time of year! I like the cold weather and the smell of tax forms. Before the end of the month, I should have my taxes filed and my withholdings adjusted.

This is the time of year to start thinking about how much you are putting aside for taxes. You can set your withholdings by properly completing Form W-4, but the revised Form is tricky…especially for clergy.

Who gets a 1099-NEC?

It seems like every year, I have questions about who should get a 1099. Every year, I look up the answer and get that straight in my mind. Every year, I then forget the answer until next year. If you and your church get nervous about getting 1099’s to all the write people, this is for you.