Church Payroll

Finally, A Payroll Company Designed for Churches

Selecting a payroll company may seem easy at first. The greatest challenge for the church in selecting a payroll company is finding someone who is truly qualified in clergy tax law and church payroll. Knowledge and experience are critical and ministry leaders must understand these challenges and recognize the need for industry specialists. Clergy Financial Resources has unparalleled expertise on complex issues associated with church payroll, clergy tax law, and clergy compensation.

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Should I issue Form W-2 or Form 1099-NEC for our minister?
Most churches will issue a Form W-2 to a minister for their compensation if the minister is considered an employee of the church. The determination of whether a minister is an employee or an independent contractor is crucial in deciding whether to issue Form W-2 or Form 1099-NEC. Here are... Read More
Can a church rent space to a for profit business?
Renting to a profit-oriented business by a church is categorized as an unrelated business activity, which is not directly aligned with the purpose of the organization's exempt status. Such activities must be reported on Federal Form 990-T and will be subject to tax. However, certain expenses can be allocated to... Read More
Determine the FRV housing limitation including furnishings and appurtenances
A common method for determining the fair rental value of clergy housing is using a fixed percentage, like 12%-15% of the current home value. However, this method may be inaccurate. The IRS and tax courts typically recommend using methods such as the comparable fair rental value or the comparable sales... Read More
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