Monday, June 22, 2015

Tax Considerations for Ministers

Tax Considerations for Ministers

This article is specific to the churches. This is about tax treatments for the ministers. Non profits and churches have been a center of debate for the last several years when it comes to the tax treatments and taxability of the ministers income. It is important for the churches to keep a set of accounting records to make sure that they can defend their positions when it come to taxability of certain items