TaxSpeaker

2018 Clergy

On Demand

Credit Hours: 2

By: Bob Jennings CPA, EA, CFP®

    Quantity

    Additional Exams **

    $83.00
     
    IRS Number: 5KBKR-T-00563-18-S
    Product Description:

    This course reviews the preparation of tax returns for members of the clergy. It covers minister’s housing allowances, fringe benefits, ministerial expenses, the Deason rule and accountable plans. We provide several practice aids for the church and the minister. We also discuss minister’s income, minister’s self-employment income and the correctly prepared minister’s W-2. Updated for the latest court cases that disallow tax free housing allowances, this class is particularly useful for practitioners preparing ministers returns.

    Product Details
    Credit Hours: 2
    Price: $83.00
    Shipping: Download immediately. Download Table of Contents
    Availability: Available on Sep 18, 2018
    Testimonials

    Course Objective

    Upon completion of this course, you will be able to-Determine who qualifies as a minister under the IRS rules; Determine the proper classification for income related to ministerial services; Determine the proper classification of expenses related to ministerial services; Determine what ministerial income is subject to and exempt from self-employment tax; Use the comprehensive example to structure your calculation of a ministerial client’s income and the net taxable amount; Utilize tax calculators in your practice and provide ministerial clients with resources (housing allowance resolution and notification).

    Field of Study

    Taxes

    Prerequisites

    None

    Course Level

    Basic

    NASBA Category

    Taxes

    Publication Date

    **One exam credit is included at no charge with each product purchased. Additional exam credits can be purchased above. Exams can be taken up to 1 year from purchase date.

    2018 Clergy

    On Demand

    Credit Hours: 2

    by Bob Jennings CPA, EA, CFP®