Taxes Shouldn’t be this Hard. We Can Help Ease the Process
Which tax reporting form should I use? It’s one of the most common questions tax professionals hear from clergy. Clergy salaries are taxable. In fact, ordained ministers have a dual tax status.
For federal income taxes, they’re considered an employee. But for Social Security and Medicare taxes, they’re classified as self-employed. That makes tax planning for ministers very different from tax planning for lay church employees or other workers.
It’s to your advantage to work with a tax professional who understands clergy taxes. But MMBB is also here to provide guidance.
Navigating the World of Taxes Can Be Complicated for Both Churches and Clergy. MMBB Offers Some Valuable Resources.Learn More
For More Information on Tax Reporting, Click Here