Did you know that no one in America has it better when it comes to taxes than a minister? Under IRS special rules, no one will save more on their taxes than a minister—who, under these rules, is recognized as both an employee and self employed. Unfortunately, many churches issue a 1099-Misc to their ministers, while others hire payroll companies that do not properly understand the IRS special rules. As a result, many ministers pay much more in taxes than they ought; in many instances where ministers ought be getting a refund, they actually pay out additional funds with their returns. Please see the following article for more information.
Give us a chance to analyze your tax situation and set you on a path that will let you enjoy the best tax status in America. Below is a short list of what we can do for you.
Every year all ministries and regular non profit organizations are required to file a form 990 tax return. In 2007, a new law was passed that made it mandatory to file tax returns. In fact, if a ministry goes three years without filing one, it will automatically lose its tax exempt status.
At StartCHURCH, we can analyze your ministry’s finances and properly prepare form 990N, 990EZ or 990 Long version. We will also make sure your ministry meets the public test requirements and educate you on the process of how to maintain your tax exempt status.
The new IRS rules concerning 990 ministry tax returns have become significantly more complicated and we know that many firms have raised their prices. You will be pleasantly surprised to know that our prices are much lower than all other firms. In fact, our prices have not changed at all. Allow us the opportunity to handle your 990 tax returns; you will be glad you did.
Below is a short list of what we can do for you
Give us a call at 770-638-3444 and see what we can do for you.